Buckman has announced a series of price hikes across North America, Europe, the Middle East, and North Africa.
The company announced a 5% – 9% price increase for all product lines in North America.
It said the price adjustment was necessary “to overcome pressure from inflation, transportation, labour costs and key material costs.”
Across Europe, Middle East, and North Africa, Buckman has announced 5% – 12% price increase for all pulp and paper lines.
All will be effective as of 1 December 2024, or as contracts allow.
Here, the business said the price hike was also necessary to overcome increased regulations, associated regulatory costs and key material costs.