Oct. 28, 2024 – Buckman, a US-headquartered specialty chemical company, announced a 5% to 9% price increase for all product lines, effective December 1, 2024, or as contracts allow.
In a written statement, Buckman said, “This price adjustment is necessary to overcome pressure from inflation, transportation, labor costs and key material costs.
“Buckman is committed to maintaining the high standards of value, quality and service that we deliver while continuing to manage our costs and minimize risk exposure. In addition, we will continue to partner with our customers to find creative solutions that drive efficiencies and cost benefits in their operations,” the company added.
Buckman is a privately-held, global specialty chemical company with headquarters in Memphis, Tennessee.
SOURCE: Buckman