Bostik to Increase Prices for Its Pressure Sensitive Adhesives in North America
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.