2016/2017 Tariff Increase to Customers - Microchem
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Microchem Tariff Increase

2016/2017 Tariff Increase to Customers

At Microchem Lab Services (Pty) Ltd, we are committed to providing quality services to our customers and we are continually reviewing ways to improve all of our service offerings.

All businesses and organizations in South Africa are under extreme pressure due to ever-rising costs associated with depreciations in the foreign exchange rate and increases in the fuel price. We are at the mercy of trends in international markets, and owing to various factors we are now faced with an ever-weakening currency.

As described above, the extreme fluctuations in our currency is a significant macroeconomic risk to Microchem, as well as other South African businesses. As such, we will need to review our tariffs on a quarterly basis throughout 2016/2017, to ensure that we are able to continue with sustainable operations, and provide the quality of service expected by our customers. For an indication, the Rand has depreciated by 23% against the Euro from March 2015 to date, and most of our chemicals and media is imported from Europe.

Herewith attached please find our price lists effective 01 March 2016 to 30 June 2015. With the unstable economic climate I am sure you will find our marginal increases very competitive.

Furthermore, all invoices settle within 30 days from date of statement will qualify for an additional 2.5% early settlement discount.

We endeavour to be the market leader both in service and competitive pricing, and should you have any queries regarding these prices please contact our relationship managers on:

Cape Town: Raymond Hartley (021) 465 6996
Johannesburg: Anna Tshwene (011) 425 3775

I trust you will find the above in order and look forward to a prosperous 2016/2017 business relationship with you.

We thank you for your understanding and for your continued support, and look forward to a long and mutually beneficial relationship.