Feb. 5, 2021 - Buckman, a privately-held global company specializing in innovative chemistry and smart solutions, announced global price increases of 8 to 25% for all product offerings. The price increases will become effective immediately.
In a press release, Buckman said, "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 by the company. 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, increases may be higher where local conditions may necessitate additional adjustments."
Buckman is a privately-held, global specialty chemical company with headquarters in Memphis, Tennessee. To learn more, visit: www.buckman.com.
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