Inflation hits raw materials in Q1 – US Sherwin Williams

摘要

HOUSTON (ICIS)--US Sherwin Williams is continuing to see inflation from more raw material components, the paints and coatings manufacturer said on Tuesday. “On the industrial side of the raw material basket, you’ve got crude oil, propylene … epoxies, zinc, all heading in the wrong direction,” said Bob Wells, Sherwin Williams public affairs senior vice president. He made his comments during the company's Q1 earnings conference call. “There’s certainly inflation in the raw material basket on both sides, probably more on industrial.”