Breaking News

PGI Increases Prices

July 3, 2008

Raw materials up 20% since March.

Polymer Group, Inc.  will begin implementing additional price increases on a global basis in response to increases in raw material costs that continue to reach unprecedented levels.

Price increases of petroleum-based products from suppliers to PGI have risen in excess of 20% since March of 2008 and are expected to continue to increase significantly in the coming months, primarily driven by the continued high cost of oil. Additionally, certain suppliers have declared force majeure and are increasing prices as a result of higher energy and transportation costs. The raw material most affected by these actions is polypropylene, but the costs of all petroleum-based raw materials are higher.

As such, the company will increase prices of its products to customers, the amount of which will vary based on product composition. Additional increases are expected based on current raw material market projections.

  • Fibers Market Outlook

    Fibers Market Outlook

    Tara Olivo, associate editor||June 8, 2015
    Natural and synthetic fiber producers create unique solutions for all nonwovens applications.

  • Keeping It Clean

    Keeping It Clean

    Tara Olivo, associate editor||June 8, 2015
    Convenience and continued innovation keeps the household wipes market thriving.

  • Raw Materials Round Up

    Raw Materials Round Up

    Karen McIntyre, editor||June 8, 2015
    Suppliers create additives, preservatives and other specialties to help nonwovens makers meet their goals.