EAST BRUNSWICK, N.J.—Bluestar Silicones USA Corp. will increase prices of its silicone products by 10 to 12 percent, effective July 1.
The firm said it worked diligently to mitigate the impact of rising costs through new product development, productivity gains and a variety of cost control programs, however key market indicators suggest continued increases in materials, services and labor costs.
Bluestar Silicones is headquartered in Lyon, France. It is a $650 million worldwide silicones raw material manufacturer with manufacturing operations throughout the world.