Home / Knowledge / News / Textiles / Colbond raises prices in North America

Colbond raises prices in North America

22
Apr '10
Effective June 1, 2010 Colbond will raise prices 5-9% in North America for their entire product range due to the continued and unabated escalation of raw material, energy, and transportation costs. The company is in the process of informing customers.

“Due to significant increases in the cost of the supply chain raw materials such as Paraxylene, Caprolactam and Propylene, the major raw material feedstock for polyester, nylon 6 and polypropylene polymers, the primary ingredients for all Colbond products, we have no choice but to pass part of these cost increases on to our customers as we see no indications that this situation will change appreciably in the near future,” said Randy Cook, Vice President Colbond, Inc.

“We have held off as long as possible, hoping that the increases in prices in the petrochemical supply chain, which began last year and have continued throughout this year so far, would moderate; however, that has not been the case. Continued global demand pressure on these ingredients coupled with supply shortages in some cases, have actually led to the doubling of prices for some of these resins.”
“As a company, we remain committed to provide market leadership by investing in technology, innovation, sustainability and new product developments to help our customers to maintain and grow their businesses,” Cook said.

Colbond is a leading producer and supplier of high-quality synthetic nonwovens for flooring, automotive and construction applications and of three-dimensional polymeric mats and composites for civil engineering, building and industrial applications.

The company's production facilities are based in Emmen and Arnhem (NL), Obernburg (D), and Asheville (NC, USA). Regional sales offices are located all over the world. For product and application development, the company maintains a Development and Application Centre at the Arnhem head office and a Development Laboratory in Asheville.

Colbond is part of the Technical Textiles Division of Low & Bonar. Listed on the London Stock Exchange, Low & Bonar employs more than 2,700 people worldwide.

Colbond


Must ReadView All

Pic: Shutterstock

Textiles | On 28th Mar 2020

Worldwide lockdowns, stimulus shots, raised PPE production

The global response this week to the unfolding COVID-19 crisis saw...

Pic: Shutterstock

Apparel/Garments | On 28th Mar 2020

Vietnam may outdo Bangladesh as 2nd largest RMG exporter

Though Bangladesh is now the second-largest garment exporter...

Pic: Shutterstock

Textiles | On 28th Mar 2020

Morgan Stanley rules out economic depression

With COVID-19 badly damaging the global economy, Morgan Stanley...

Interviews View All

Cyril Pereira, Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Textile industry, Head honchos

Textile industry
Head honchos

RCEP was always going to be a double-edged sword

Angelina Francesca Cheang, MY ANJE

Angelina Francesca Cheang
MY ANJE

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

Alphonse Reddy,

Alphonse Reddy

Bangalore-based Sunday designs and makes mattresses and accessories that...

Henk-Jan Rohaan,

Henk-Jan Rohaan

The custom-built machineries of Brugman Holland are known for reliability, ...

Joachim Maier,

Joachim Maier

Switzerland-based Uster Technologies AG is the leading high technology...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

EDANA, the international association serving the nonwovens and related...

Kevin Nelson, TissueGen

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Suresh Patel, Sidwin Fabric

Suresh Patel
Sidwin Fabric

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

Seema Agrawal, Artisan Saga

Seema Agrawal
Artisan Saga

Artisan Saga, founded by Kaushik Rajani and Seema Agrawal, is an online...

Sweta Agarwal, A Humming Way

Sweta Agarwal
A Humming Way

A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...

Wendell Rodricks, Wendell Rodricks

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do 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


March 2020

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


Advanced Search