PGI to raise polypropylene-based material prices, North America
10 May '08
1 min read
Polymer Group Inc announced that it will raise prices on polypropylene-based materials sold in North America due to significantly higher oil-based raw material and energy costs.
The company will increase prices 5 to 7 percent on these products, effective June 1. Polypropylene is a key element in manufacturing high-quality spunbond materials used in various products, including diapers and hygiene products.
“While we continue to focus on manufacturing efficiencies to mitigate increases, we must face the market realities of escalating energy and raw material costs,” said PGI's vice president and general manager for North America, Greg Crawford.
“These increases are necessary for us to continue to deliver high quality, innovative products and excellent technical service to the market at a fair price.”
Polymer Group Inc, one of the world's leading producers of nonwovens, is a global, technology-driven developer, producer and marketer of engineered materials.
With the broadest range of process technologies in the nonwovens industry, PGI is a global supplier to leading consumer and industrial product manufacturers.
The company operates 18 manufacturing and converting facilities in eight countries throughout the world.
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