2/20/2018, Bridgewater, NJ


Rising Raw Materials and Transportation Costs Impact Adhesives Prices



Henkel Adhesive Technologies Adjusting Prices

Henkel’s North American Packaging and Consumer Goods Division will be implementing price adjustments for its full range of LOCTITE®, TECHNOMELT®, and AQUENCE® products with immediate effect, or as existing contracts allow.

A price action is necessary at this time due to feedstock markets for raw materials used in our products experiencing both supply constraints and a wide range of cost escalations including in freight. Hurricanes, Harvey and Irma, impacted the feedstock chain starting a steady rise in the cost of raw materials over the last 8 months. Henkel will increase prices by the amounts listed below for the specified categories.

Adhesive Category Percentage Increase
Water Based Adhesives 7.0%  - 10.5%
Hot Melts 4.0%  -  6.0%
Polyurethanes 7.0%  - 10.5%

Henkel’s Packaging and Consumer Goods division delivers a broad portfolio of products sold within the markets of: furniture, building, flexible laminates, personal hygiene, tapes and labels, food and beverage, and paper solutions.  For further details, please reach out to your local sales representative.