28 April 2011 15:58 [Source: ICIS news]
HOUSTON (ICIS)--Nalco plans to levy a transportation and energy surcharge on products shipped to North American customers in select industries, effective from 1 May, the ?xml:namespace>
The surcharge is necessary to help offset “the significant and rapidly escalating increases associated with fuel and energy costs”, Nalco said.
Nalco would base the surcharge on total pounds shipped and the average fuel price for diesel as reported by the US Department of Energy, the company added.
"The ongoing and rapid increase of our transportation and energy costs makes it necessary to impose surcharges for customers in North America, while allowing for adjustment with cost fluctuations," said David Flitman, president of Nalco’s water and process services business.
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