Home / Knowledge / News / Textiles / Advansa raises prices of polyester fibre
Advansa raises prices of polyester fibre
28
Jul '08
ADVANSA, the largest polyester fibre manufacturer in Europe, announces today that due to the recent increase in Paraxlyene (PX), it will raise its prices to correspond with current market conditions.

Following recent price increases in raw materials, energy and other cost elements, the price of Paraxylene (PX) has reached levels at 100€/ton above any expectations for the month of July 2008. Such price levels of Paraxylene (PX) are forcing the polyester industry to react.

In order to secure a viable business, Advansa will thus increase its prices by 0.10 €/Kg with immediate effect on top of all current agreements.

According to Heinz Meierkord, ADVANSA's Vice President Marketing & Sales: “I know that this increase will put many businesses into equal difficult situation. However, in order to maintain a functional industry, these cost increases have to go down the value chain now.”

ADVANSA


Must ReadView All

Apparel/Garments | On 23rd Jun 2017

Alfredo Grassi to develop graphene-enhanced workwear

Alfredo Grassi, manufacturer of customised protective clothing,...

Courtesy: IMRG

Apparel/Garments | On 23rd Jun 2017

UK online retail sales up only 10.2 pc YoY in May 2017

UK online retail sales were up 10.2 per cent year-on-year (YoY) in...

Courtesy: Radicigroup

Textiles | On 23rd Jun 2017

Radici Chimica focuses on business continuity

Radici Chimica SpA, a strategic RadiciGroup company, is keen on...

Interviews View All

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search