News/Media
Avon, Ohio (May 12, 2008)
Henkel Corporation, Professional and Consumer Adhesives, Announces Price Increase for Professional Adhesives Lines
Henkel Corporation, Professional and Consumer Adhesives, manufacturer of professional adhesives and sealants under the Loctite®, PL®, Pro-Series® and Polyseamseal® brands, has announced a five-to-15-percent price increase, depending on product category, effective for June 16, 2008 shipments.
"Energy costs are escalating raw material prices dramatically, while chemical supplies are unusually tight," said Tom Rapps, vice president, marketing, adhesives and sealants. "Raw material prices are historically high and are likely going to continue increasing throughout the year. Although we have been able to absorb a large amount of the cost increases, we have no choice but to pass on a portion of the expenses in order to maintain the high-quality adhesive products and service that our customers expect."
The Polyseamseal® brand offers a full line of versatile, easy-to-use caulks and sealants. Visit www.polyseamseal.com for additional information.
Polyseamseal
Polyseamseal products are developed and marketed by Henkel Corporationís Professional division. Henkel Corporation is part of Henkel, a worldwide leader in adhesives and a European leader in laundry/home care and personal care products. Henkelís North American consumer adhesive brands include Loctite®, LePage® (for Canada only), PL®, Pro-Series®, Polyseamseal® and Pritt®. With more than 50,000 employees worldwide, Henkel generated combined sales of 12.740 billion euros in 2006. For additional information, please visit www.henkel.us.
Polyseamseal®
The professional's choice for adhesives, sealants, and caulks.
Media Contact
Jim Brazytis
Liggett Stashower
216-373-8374
jbrazytis@liggett.com
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For over 50 years, Polyseamseal products have been manufactured with the same high quality homeowners and DIYer's have come to trust.
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