Wellman Inc announced that, effective with April 15, 2008 shipments, it will increase the price of all Fortrel polyester staple fiber products by 4 cents/lb.
Steve Ates, Vice President Sales and Marketing, made the announcement noting, “The price of crude oil has risen to unprecedented levels, placing continued upward pricing pressure on our chemical-based raw material and energy costs.
This price increase is necessary to offset some of these escalating costs.”
Wellman remains committed to providing the high level of quality products and support services that our customers have come to expect.
Wellman Inc manufactures and markets high-quality polyester products, including Fortrel brand polyester fibers and PermaClear and EcoClear brand PET (polyethylene terephthalate) packaging resins.