GCP Applied Technologies Announces Price Increase
29 Marzo 2021 - 3:00PM
GCP Applied Technologies (NYSE:GCP) has announced that it is
implementing price increases for certain Cement Additives, where
allowable under contract terms.
“We are committed to providing customers with the
highest-performing products and industry-leading technical
service. This price increase is necessary to meet
unprecedented inflationary pressures facing the global chemical and
construction industries. These are resulting from tightness in the
raw materials supply chain exacerbated by restrictions of ocean
freight and the winter storm which impacted gulf coast chemical
manufacturers in the US. We now see that we are likely to be in an
inflationary cycle for all of 2021," said Dr. Boudewijn van Lent,
GCP’s Executive Vice President of Specialty Construction
Chemicals.
GCP’s regional sales organization will contact customers
individually to discuss the details, which will vary by
product.
About GCP Applied Technologies
GCP is a leading global provider of construction products
technologies that include additives for cement and concrete, the
in-transit concrete management system, high-performance
waterproofing products, and specialty systems. GCP products have
been used to build some of the world’s most renowned structures.
More information is available at www.gcpat.com.
Media RelationsChristine Welby+1
617.498.4976mediainfo@gcpat.com
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