Home / Knowledge / News / Textiles / PGI to raise prices in Latin America, effective June 1
PGI to raise prices in Latin America, effective June 1
16
May '08
Polymer Group Inc (PGI) announced that it will raise prices on its materials sold in Latin America due to significantly higher oil-based raw material and other increased local production costs. The company will raise prices 9 percent on its products in the region, effective June 1.

"PGI has made major efforts and progress over the past year in maintaining our current prices as much as possible but we now must make adjustments based on the market realities of escalating energy and raw material costs, as well as inflationary conditions in Argentina," said PGI's vice president and general manager for Latin America, Rolando Dominguez.

"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.

Polymer Group Inc


Must ReadView All

Azerbaijan's Gilan Textile Park raises exports by 40%

Apparel/Garments | On 18th Aug 2018

Azerbaijan's Gilan Textile Park raises exports by 40%

Azerbaijan's Gilan Textile Park has raised its exports by 40 per cent ...

CPD studies living cost of Bangladesh RMG workers

Apparel/Garments | On 18th Aug 2018

CPD studies living cost of Bangladesh RMG workers

The living cost of readymade garment (RMG) workers in Bangladesh...

Brazilian cotton price index returns to April 2018 level

Textiles | On 18th Aug 2018

Brazilian cotton price index returns to April 2018 level

Cotton prices dropped in Brazil in the first fortnight of August as...

Interviews View All

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Gagan Gulati

PG Silk Mills Private Limited had a humble start with a hand-dyeing unit....

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Pierre Wiertz
EDANA

Pierre Wiertz talks about the vast world of sustainable nonwovens and...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Varsha Wadhwa
VW

Coming from a family that ran a business of jute and linen mills since...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

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

Leave your Comments


August 2018

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

news category


Related Categories:

Advanced Search