Bostik, a global adhesive specialist segment of Arkema for industrial, construction and consumer markets, announced a price increase. The increase will impact prices in North America for Bostik® Pressure Sensitive Adhesives (PSA) products. Effective May 17, 2024, or as contract allows, the increase will be applied to products within the AROCURE®, AROSET®, FLEXCRYL®, Aquagrip™, and Thermogrip® product lines.
Bostik reports that the price action is a measured response to the continued and significant cost increases for feedstocks, energy, labor, and transportation. The company has worked to absorb cost increases but finds it necessary to share the burden of inflation to ensure business continuity.
“At Bostik, we appreciate our customers and will continue to work hard to earn their business. We are committed to offering the highest quality products, technical expertise and dedicated customer service, and we will do our best to minimize the impact of inflation on our valued customers,” said Tim Pione, senior vice president, Bostik AP&C.
Learn more about Bostik at www.bostik.com. Additional information about Arkema is available at www.arkema.com.