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Buckman Increasing Prices in North America

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By: Anthony Locicero

Copy Editor, New York Post, Rodman Media

Buckman announced price increases in North America for its water, leather and performance chemicals divisions. The increases are being driven by rising raw materials, constraints from supply chain tightness and growing challenges associated with freight costs.

The price increases will be effective Jan. 1, 2019, or as contracts allow. Below is a breakdown of the expected increases across the company’s divisions. In addition to product price increases, Buckman’s leather and performance chemicals divisions in North America will implement freight delivery increases as well.

North America Water ·      All product lines: 10 – 20%
North America Leather ·      All product lines: 5 – 20%
·      Freight surcharges: $0.02 – $0.04 per lb.
North America Performance Chemicals ·      All product lines: 5 – 20%
·      Freight surcharges: $0.02 – $0.04 per lb.
 

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