In response to the recent announcements regarding the US imposition of trade tariffs, Syensqo is implementing strategic measures to address the potential impacts on its global operations and supply chains.

Syensqo is assessing the potential ramifications of these tariffs and any reciprocal actions taken by other countries or regions. To ensure operational continuity, the company is conducting a comprehensive review of its value chains and sourcing strategies. 

Additionally, Syensqo is evaluating shorter-term mitigation options, including the introduction of a temporary surcharge to offset the increased costs associated with the tariffs.

Given ongoing macroeconomic and demand uncertainty that has impacted the chemicals industry over the last several quarters, the proposed U.S. trade tariff framework creates an additional challenge for its broader value chains.

“At Syensqo, we are committed to navigate these challenges, while continuing to deliver value to our stakeholders. In this context, our priority is to ensure the continuity of our operations, maintain the high quality of service our customers require and we will take the necessary actions to achieve this,” Dr. Ilham Kadri, CEO, Syensqo, said.