Buckman recently announced global price increases of 8-25% for all product offerings. The price increases will become effective immediately. The company reports that recent increases in the price of raw materials, in addition to rising energy, transportation, labor, and regulatory costs, have put an unsustainable strain that can no longer be completely absorbed. In addition, market projections predict continued rising costs of upstream feedstock that, if accurate, could warrant additional pricing action.
Price increases will vary depending on geographic region and products and services sold. In some areas, where local conditions may necessitate additional adjustments, increases may be higher.
For additional information, visit www.buckman.com.