Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

H.B. Fuller Implements Surcharge to Recover Significant Cost Increases in Raw Materials and Related Services

H.B. Fuller (NYSE: FUL) announced today that it will implement an 11% surcharge on shipments of its products globally, effective September 1, 2021, in addition to other communicated price increases. The surcharge is expected to be permanently incorporated into existing pricing by December 1, 2021.

This pricing action is driven by continued short supply and significant cost escalation of certain chemical feedstocks and plastic and metal packaging that have resulted in unprecedented costs to serve customers. These increases have been followed by inflationary costs and short supply for logistics, freight, packaging, labor and many other items required to meet customer needs. H.B. Fuller, one of the world’s largest, global providers of adhesives and sealants, has done remarkable work in this unprecedented supply environment to secure materials and provide customers the essential adhesives they need to produce everything from electronics and solar panels to food packaging and personal hygiene products.

The speed and unrelenting continuation of inflationary pressures has resulted in the need for a surcharge, which will be implemented immediately.

About H.B. Fuller Company:

Since 1887, H.B. Fuller has been a leading global adhesives provider focusing on perfecting adhesives, sealants and other specialty chemical products to improve products and lives. With fiscal 2020 net revenue of $2.8 billion, H.B. Fuller’s commitment to innovation brings together people, products and processes that answer and solve some of the world’s biggest challenges. Our reliable, responsive service creates lasting, rewarding connections with customers in electronics, disposable hygiene, health and beauty, transportation and infrastructure, aerospace, new energy, packaging, construction, woodworking, general industries and other consumer businesses. And, our promise to our people connects them with opportunities to innovate and thrive. For more information, visit us at hbfuller.com.

Contacts

Barbara Doyle

Investor Relations

+1 651-236-5023

Kimberlee Sinclair

Corporate Communications

+1 612-845-5342

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