Ashland to increase pressure-sensitive adhesives prices for EMEA
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Ashland Performance Materials, a commercial unit of Ashland Inc., is increasing the price of Aroset™ pressure-sensitive adhesives sold in Europe, the Middle East and Africa (EMEA), by 10 percent effective Sept. 1, or at the earliest possible time depending on individual customer contracts.
The price increase is primarily driven by the ongoing rise in the cost and increased supply constraints for acrylate monomers and other key raw materials used to manufacture pressure-sensitive adhesives. Supplier allocations and, in some cases, force majeure, have continued to pressure cost and availability of these materials across the market. Responding to changing market conditions allows Ashland to continue to provide innovative products and industry-leading support that add value for customers.
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