According to a press release from Archroma, the company will increase the prices of its products by up to 0.25 USD per kg beginning October 1, 2021. The adjustments will apply to all Archroma products globally and will offset high freight and logistics costs.
“Archroma made every effort to absorb these increases,” says Marcos Furrer, Chief Operating Officer at Archroma. “We have however reached a point where these adjustments are needed for us to be able to maintain our service levels.”
Archroma is a global, diversified provider of dyes and specialty chemicals serving the branded and performance textiles, packaging and paper, and coatings, adhesives and sealants markets.