03/20/2026 | Press release | Distributed by Public on 03/20/2026 07:45
NORTH CHARLESTON, S.C., March 20, 2026 - Ingevity Corporation (NYSE:NGVT) today announced a temporary extraordinary surcharge on its Capa® caprolactone products due to material increases across the company's supply chain - including raw materials, energy, logistics and risk-related charges - driven by recent geopolitical developments in the Middle East.
Effective immediately, Ingevity will implement a temporary surcharge of $515/MT or €440/MT per metric ton on all applicable orders. The surcharge will remain in place as long as market conditions require.
Ingevity continues to closely monitor global market dynamics and remains committed to supporting customers through this period of exceptional volatility.
Ingevity: Purify, Protect and Enhance
Ingevity (NYSE: NGVT) is a global specialty materials company that develops advanced carbon and engineered material solutions that improve mobility, strengthen and extend the life of infrastructure and enhance industrial processes. With a 90 year legacy of innovation, we work closely with customers to solve technical challenges and deliver materials that improve performance and environmental outcomes in essential applications. Our portfolio includes Performance Materials activated carbon technologies for emissions control and filtration, Performance Chemicals solutions that support efficient agriculture and high performance pavement systems and Advanced Polymer Technologies specialty polymers for coatings and industrial applications. Headquartered in North Charleston, South Carolina, Ingevity operates from 22 locations worldwide and employs approximately 1,500 people. Learn more at ingevity.com.