GCP - GCP Applied Technologies to raise concrete admixture prices in North America

GCP Applied Technologies (NYSE:GCP) will increase prices for all concrete admixture and fiber products in North America by up to 10%, with effect from January 1, 2022. David Campos, GCP’s President of Specialty Construction Chemicals, said: "The global supply chain impacts on raw material and freight costs have been unprecedented over the past six months and input costs are not expected to subside in the near-term. We have continued to increase our inventory levels to service our customer’s needs, and added freight capacity to ensure timely supply." Previously (Nov. 03): GCP Applied Technologies EPS misses by $0.02, misses on revenue

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GCP Applied Technologies to raise concrete admixture prices in North America