HB Fuller : North America Price Increase on Hot Melt, Reactive, Water-based Adhesives and Related Products
September 14, 2018 at 10:18 am EDT
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ST. PAUL, Minn. - H.B. Fuller Company (NYSE: FUL) announced today that effective October 15, 2018, or as contracts allow, H.B. Fuller North America will implement price increases for all adhesives product categories and related products. Increases will be between 4 percent and 10 percent. These increases will affect products in the company's durable assembly, hygiene, packaging, construction and paper converting segments.
The past 12 months have seen continued increases in raw material feedstock, logistic and labor costs. In recent months, pressure on hot melt, reactive and water-based raw materials has intensified. In North America, the added impact of tariffs and truck shortages also is affecting costs.
Customers should contact their H.B. Fuller sales representative for more details.
About H.B. Fuller:
Since 1887, H.B. Fuller has been a leading global adhesives provider focusing on perfecting adhesives, sealants and other specialty chemical products to improve products and lives. With fiscal 2017 net revenue of over $2.3 billion, H.B. Fuller's commitment to innovation brings together people, products and processes that answer and solve some of the world's biggest challenges. Our reliable, responsive service creates lasting, rewarding connections with customers in electronics, disposable hygiene, medical, transportation, aerospace, clean energy, packaging, construction, woodworking, general industries and other consumer businesses. And, our promise to our people connects them with opportunities to innovate and thrive. For more information, visit us at www.hbfuller.com.
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H.B. Fuller Company published this content on 14 September 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 September 2018 14:17:06 UTC
H.B. Fuller Company is a formulator, manufacturer and marketer of adhesives, sealants and other specialty chemical products. The Companyâs segments include Hygiene, Health and Consumable Adhesives, Engineering Adhesives and Construction Adhesives. The Hygiene, Health and Consumable Adhesives segment manufactures and supplies adhesive products in the assembly, packaging, converting, nonwoven and hygiene, health and beauty, flexible packaging, graphic arts and envelope markets. The Engineering Adhesives segment provides adhesives to the transportation, electronics, clean energy, aerospace and defense, performance wood, insulating glass, textile, appliance and heavy machinery markets. The Construction Adhesives segment manufactures and provides specialty adhesives, sealants, tapes, mortars, grouts, and application devices for commercial building roofing systems, heavy infrastructure projects, road/highway/airport transportation applications, building envelope applications, and others.