Bostik to Raise Prices for U.S. Industrial Products

Adhesives manufacturing company to increase prices on products delivered January 1 or later.

 
Bostik, a leading global adhesive specialist for industrial, construction and consumer markets, announced today it will increase prices on U.S. industrial products as contracts allow for orders with a requested delivery date of January 1, 2020 or later.
 
This increase is a result of rising manufacturing and transportation costs, which have affected the cost of doing business across the adhesive industry. To date, Bostik has done its best to absorb the impact and minimize the disruption to customers. However, despite the company’s best efforts, it will need to implement price increases on orders with a delivery date of January 1 or later.
 
“On behalf of Bostik, we extend our appreciation to our customers for their understanding and continued business,” said Americas Senior Vice President, Jeffrey Merkt. “We also want to assure them of our continuing commitment to provide them with the highest quality products, technical expertise and dedicated customer service and that we will keep doing our best to minimize the cost impact on them as much as possible going forward.”
 
 
About Bostik, an Arkema company
Bostik is a leading global adhesive specialist in construction, consumer and industrial 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 €1.95 billion, the company employs 6,000 people and has a presence in more than 50 countries. 

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 €7.5 billion in 2016, we employ approximately 20,000 people worldwide and operate in close to 50 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. www.arkema.com.

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