- Following a price raise in Asia, Valspar (VAL +0.1%) will extend the increases to the Americas and Europe to offset a significant rise in raw material costs.
- "Oil prices have nearly doubled in the last year and a high compliance rate among OPEC and non-OPEC nations on crude output cuts have outweighed U.S. output and are leading to a deficit market," said Sam Shoemaker, President of Valspar Packaging.
- Previously: Valspar announces price increase in Asia (Mar. 23 2017)
More price increases at Valspar
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The Sherwin-Williams Company |