H.B. Fuller announces polymer emulsion price increase in North America
ST. PAUL, MN, July 30, 2014-
H.B. Fuller Company (NYSE:FUL) announced that, effective August 15, 2014, or as contracts allow, the North America Polymer group of H.B. Fuller will increase the price for all vinyl acetate-based emulsion polymer products. Vinyl acetate ethylene (VAE) copolymers, vinyl acrylics and PVAc homopolymers will increase by up to $0.03 USD per wet pound. This price increase includes the PACE®, Plyamul®, Copro® and Elvace® product brands.
The increase affects applications sold in the U.S. and Canada, including but not limited to: adhesives, construction and building products, nonwovens, glass fiber, carpet and textile. The increase is necessitated by the continued shortage of vinyl acetate monomer (VAM) and ever increasing purchasing costs. VAM is a key component in the manufacture of these products.
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