Pressured Pricing: Material costs plateauing, says AkzoNobel CEO

Amsterdam, Netherlands — In an interview with CNBC, AkzoNobel CEO Thierry Vanlancker said that raw material prices are plateauing, not decreasing. “I think what we said back then is exactly what’s happening. We’ve reacted vividly in our pricing: 12.5 percent in the quarter, and 14 percent on the exit rate,” said Vanlancker. This forecast follows the […]

Sticky Situation: Adhesive shortage potentially incoming as supply chain issues persist

Toronto, Ontario — A new industry supply chain issue may have reared its head, as some suppliers are warning their customers about an anticipated shortage of certain adhesives.  According to reporting by GlassBYTEs.com, Pam Oliver, sales representative at Mygrant Glass Company recently notified users of BEATASEAL adhesive U428+ that stock is getting low.  “Dow [now DuPont] […]