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Henkel Raises Adhesives Prices

3:42 PM MDT | August 4, 2008 | Chemical Week Editorial Staff

Henkel says its Professional and Consumer Adhesives unit will boost prices by as much as 20%, depending on category, effective for August 1 shipments. This is Henkel’s second increase in less than two months; the company implemented a 15% increase, based on category, on June 16. Raw material costs “continue to reach unprecedented levels, with the forecasts projecting a steady climb through the rest of the year,” says Tom Rapps, v.p./marketing, adhesives and sealants at...

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