GCP DECLARES ASIA PACIFIC PRICE INCREASE ON CONSTRUCTION PRODUCTS

KUALA LUMPUR, March 31 (Bernama) -- GCP Applied Technologies Inc (GCP or the Company), a leading global provider of construction products, announced its implementation of price increases for Concrete Admixtures, Cement Additives and Specialty Building Materials in Asia Pacific.

According to a statement, to continue providing the exceptional solutions GCP’s customers rely on, at the levels of service they require, it is necessary to increase prices for all construction products effective April 1, 2022.

“The global supply chain impacts on raw material and freight costs have been unprecedented over the past nine months and costs are not expected to subside in the near future,” said GCP’s President of Asia Pacific Region, Jimmy Ho.

“We have continued to increase our inventory levels to service our customers’ needs, and added freight capacity to ensure timely delivery. We are committed to provide customers with the highest-performing products and industry-leading technical service.”

GCP partners with producers, contractors, designers and engineers to achieve performance and sustainability goals.

The company has a legacy of first to market and award-winning solutions that have been used to build some of the world’s most renowned structures. GCP is focused on continuous improvement for its customers, end-users and the environment.

More details at www.gcpat.com.

-- BERNAMA