2/20/2018, Bridgewater, NJ
Rising Raw Materials and Transportation Costs Impact Adhesives Prices
Henkel Adhesive Technologies Adjusting Prices
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.