Covia Announces Price Increase for Industrial Products
INDEPENDENCE, Ohio–(BUSINESS WIRE)–Covia announced today that its Industrial Segment will implement a price increase across all product lines, effective January 1, 2022, of up to 15% depending on the product and grade. This action is necessary to help offset continued and significant inflationary pressures across several categories including energy, steel, packaging, transportation, labor, resins and additives, and will allow Covia to maintain our service and value to our industrial customers.
Covia is a leading provider of diversified mineral solutions to the oil and gas, glass, ceramics, coatings, metals, foundry, polymers, construction, water filtration, sports and recreation markets. The Company serves its Industrial customers through a broad array of high-quality products, including high-purity silica sand, nepheline syenite, feldspar, clay, kaolin, resin systems and coated materials, delivered through its comprehensive distribution network. Covia offers its Energy customers an unparalleled selection of proppant solutions, additives, and coated products to enhance well productivity and to address both surface and down-hole challenges in all well environments. Covia has built long-standing relationships with a broad customer base consisting of blue-chip customers. Underpinning these strengths is an unwavering commitment to safety and to sustainable development, further enhancing the value that Covia delivers to all its stakeholders. For more information, visit CoviaCorp.com.