H.B. Fuller (NYSE: FUL) announced today that, effective October 1, 2014, or as contracts allow, the company's North American Emulsion Polymer business will increase prices for certain products as well as apply a freight and logistics surcharge to all products sold by the business in North America. Vinyl acetate ethylene (VAE) copolymers, vinyl acrylics, and polyvinyl acetate (PVAc) homopolymers prices will be increased by $0.03 USD per wet pound. This price increase includes the Elvace®, Plyamul®, Copro®, and PACE® product brands. In addition, a freight and logistics surcharge of $0.02 USD per wet pound will be applied to all polymer emulsion products with delivered pricing terms.
These price increases are a necessary result of unprecedented supply constraints and cost increases in the raw materials used in products containing vinyl acetate. In addition, supply constraints and cost escalation in the North American trucking market require that a surcharge be implemented for all products supplied with delivered freight terms.
All adjustments affect applications sold in the U.S. and Canada, including but not limited to: adhesives, construction and building products, nonwovens, glass fiber, carpet and textile applications. Customers should contact their H.B. Fuller sales representative for more details. More information about H.B. Fuller's emulsion polymers products may be found on-line at www.hbfuller.com.
The PACE, Plyamul, Acryltac, Copro and Elvace trademarks are owned by H.B. Fuller Company or one of its affiliates and are registered in the U.S. and other countries.
