DuPont Industrial CoatingSolutions is facing an increasing imbalance of supply and demand with critical suppliers, driving broad cost increases in raw material costs, operating expenses and growing inflationary pressures. Throughout the last several months costs have shown significant increases and are anticipated to continue to rise throughout the year, impacting the DuPont liquid and powder coatings products.
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The comapny says it is these increases that have necessitated an adjustment of liquid and powder coatings’ selling prices for DuPont Industrial CoatingSolutions, North America. Consequently, selling prices across all liquid and powder coatings products will be increased by up to 15% by April 18. Detailed customer communications will take place during the coming weeks.