Buckman announces price increases

25/02/2011
Specialty chemical company Buckman has announced global price increases in its leather segment. The price increases will also affect the company's pulp and paper, industrial water, and performance chemicals segments.

The increases will be between 5% and 15% depending on the specific product or programme and region of the world. Increases will be effective from March 1, 2011, or as contracts allow. "Mounting raw material prices and availability, as well as rising freight costs, are the major drivers behind this increase," Buckman said.