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More price increases at Valspar

Apr. 06, 2017 10:49 AM ETThe Sherwin-Williams Company (SHW) StockBy: Yoel Minkoff, SA News Editor
  • 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)

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