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Section: Polyurethanes
  • Written on 03.03.2011 - Industry
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Henkel announces price increase for industrial adhesives

With immediate effect, Henkel is implementing a price increase for certain product groups of its industrial adhesives. Increase amounts will vary based on market segment and technology. On average, the price increases will range from 10 - 25 %.

According to the company, the price increase is attributable to ongoing escalation of raw material costs over the last 15 months, especially affecting oil and natural gas based products. Continual spikes in global demand, coupled with capacity constraints in primary chemical, rosin, and resin feed stocks, have further tightened supply and have driven raw material prices upward, says Henkel.

For this reason, further price increases will become necessary in the following categories: hotmelts, polyurethane, water based adhesives and surface treatment products - says the company.


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