MEMPHIS, TN, June 4, 2021 (Press Release) -Buckman, a privately-held global company specializing in innovative chemistry and smart solutions, announced global price increases of 5 to 20% for all product offerings. The price increases will become effective immediately, or as customer contracts allow.
Price increases will vary depending on geographic region, solutions offered and market(s) served. In some areas, increases may be higher where local conditions may necessitate additional adjustments.
Recent increases in the price of raw materials as well as escalating input costs have put an unsustainable strain that can no longer be completely absorbed by the company.
Buckman will continue to drive operational excellence throughout the organization with the aim of minimizing the impact of these cost increases.
Buckman is completely committed to helping our customers succeed, regardless of the challenges facing them, the industry they operate in or their location in the world. To fulfill that commitment, we surround our rigorously trained industry experts with the highest-quality chemicals, the latest smart technology, and advanced data analysis. All focused on helping our customers’ operations improve productivity, increase profitability, and ensure safety, compliance, and sustainability. That is more than chemistry. That is Chemistry, connected.