Ecolab Life Sciences Announces 12% Price Increase
Ecolab Inc. (ECL)
Last ecolab inc. earnings: 4/28 08:30 am
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Source: Business Wire
ST. PAUL, Minn.--(BUSINESS WIRE)--Ecolab Inc. (NYSE:ECL), the global leader in water, hygiene and infection prevention solutions and services, will begin implementing a price increase for all Life Sciences division offerings, effective February 1, 2022, due to the significant and ongoing global supply chain disruptions and cost increases, including those for raw materials, logistics and labor.Pricing for the Life Sciences segment programs will increase 12% globally.“As our Life Sciences customers are working to create life changing solutions, our focus is to continue providing leading innovation, service support and end-to-end solutions that help improve contamination control practices and reduce their total cost of operation,” said Surachet Tanwongsval, vice president and general manager, Global Life Sciences. “The extraordinary increase in cost pressures and often challenging availability of key raw materials has made it necessary for us to raise prices to continue providing lea
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