Raw material, freight costs drive GCP admixture price increase

Source: GCP Applied Technologies Inc., Alpharetta, Ga.

GCP Applied Technologies will raise concrete admixture prices up to 10 percent for North American customers, effective January 2022. “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,” explains GCP Specialty Construction Chemicals President David Campos. “We have continued to increase our inventory levels to service customer’s needs, and added freight capacity to ensure timely supply. Our focus continues to be the success of our customers and their end-users, and to support quality, sustainable and economically-efficient construction practices. Our regional sales team will contact customers individually to discuss specific implications.”