Philadelphia, Pennsylvania -- The adhesives and sealants division of Rohm and Haas Co. has increased the price of its packaging and transport products in Asia Pacific.
Products for the packaging and converting industries, including polyurethanes, polyesters and polymers, will see a price hike of between eight and 10 percent.
The price of transport adhesives, which also include polyurethane products, will rise by between five and seven percent.
''This action is necessitated by the continued escalation in raw material costs, including record high prices for some key raw materials, as well as freight and energy costs,'' the company said in a statement.
All increases were set to take effect on 1 Aug, unless dictated otherwise by individual contracts.