RIVERHEAD, N.Y. (Aug. 8, 2008) — Engineered adhesive tapes manufacturer Adchem Corp. plans to raise prices by 7 percent on all products for shipments on or after Sept. 1.
The increases are in response to the magnitude and frequency of primary feedstock price increases within the industry, Adchem said. Those feedstock price hikes have adversely affected raw materials purchased to make the company's products, the firm said.