MEMPHIS, TN – Buckman announced global price increases for all product offerings. The price increases will become effective April 1, 2022, or as customer contracts allow.
The company reports that price increases will vary depending on geographic region, solutions offered and market(s) served. In some areas, increases may be higher where local conditions may necessitate additional adjustments.
According to Buckman, these unprecedented increases are required due to additional market increases for raw materials, energy, packaging, fuel and logistics costs. The company stated that the current cost pressure is unlike anything that has been seen in the history of the specialty chemical sector. Proper price management will ensure continued supply of Buckman products to its existing customer base.
Learn more at www.buckman.com.