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Buckman announces price increases on all products

Buckman has announced global price increases of eight to 25 per cent for all of its product offerings.

The price increases will become effective immediately.

In a statement, the chemicals company cites recent increases in the price of raw materials, as well as rising energy, transportation, labour and regulatory costs as the reasons for the decision.

Buckman says that additional pricing adjustments may need to be made in certain geographic regions if costs of upstream feedstock continue to rise.