Industry News

H.B. Fuller to Increase Price of Water-based Adhesives in N. America

Published on 2018-03-02. Author : SpecialChem

TAGS:  Waterborne Adhesives    

H.B. Fuller has announced that, effective between March 1 and April 1, 2018, or as contracts allow, H.B. Fuller will implement price increases for all adhesives product categories. Increases will be between 5 percent and 12 percent, and will include products supplied by its recently acquired Royal, Wisdom and Adecol businesses.

H.B. Fuller to Increase Price of Adhesives

Largest Increases

The largest increases will occur in water-based adhesives and in North America where cost increases are highest.

Increases in Cost

The past 12 months have seen continued increases in feedstock costs, logistics costs and labor costs. Inflationary pressures in global markets have occurred due to trucking shortages, Hurricanes Harvey and Irma in the United States, regulatory and environmental actions by the Chinese government, and robust demand.

These increases will affect products in the company’s hygiene, packaging, durable assembly, construction, paper converting, and engineering adhesives segments.

Source: H.B. Fuller
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