BOSTIK ANNOUNCES CURRENCY SURCHARGE IN SWEDEN

Dear customer,

In 2019, the Swedish krona has continued its strongly negative trend. In 2017 and 2018, Bostik absorbed this currency decline through cost saving measures. However we now have to act to ensure our quality, service and margin. From June 17, 2019, we will apply a charge of 4% foreign exchange supplement on the entire Swedish market. The currency supplement is temporary and will be adjusted / removed when the Swedish krona returns to 2018 average levels.

Best regards,

signature robert massey

Robert Massey

Managing Director
Bostik Northern Europe

About Bostik, an Arkema company

Bostik is a leading global adhesive specialist in industrial, construction and consumer markets. For more than a century, it has been developing innovative adhesive solutions that are smarter and more adaptive to the forces that shape daily lives. From cradle to grave, from home to office, Bostik’s smart adhesives can be found everywhere. With annual sales of €2 billion, the company employs 6,000 people and has a presence in more than 50 countries. For the latest information, visit www.bostik.com.

About Arkema

A designer of materials and innovative solutions, Arkema shapes materials and creates new uses that accelerate customer performance. Our balanced business portfolio spans high-performance materials, industrial specialties and coating solutions. Our globally recognized brands are ranked among the leaders in the markets we serve. Reporting annual sales of €8.3 billion in 2017, we employ approximately 20,000 people worldwide and operate in close to 55 countries. We are committed to active engagement with all our stakeholders. Our research centers in North America, France and Asia concentrate on advances in bio-based products, new energies, water management, electronic solutions, lightweight materials and design, home efficiency and insulation

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