“We are currently experiencing significant raw material price increases, particularly for polyester and chemical binders but also for energy,” says Martin Kleinebrecht, global marketing & portfolio management leader. “The return of inflation to oil-based feedstock started already last year and has recently accelerated. While we currently do not expect further dramatic upward movements in 2017, we also do not anticipate short-term easing of the situation assuming no significant changes to the global geopolitical status quo.”
JM will work diligently on cost containment and productivity initiatives to mitigate the cost impact of future potential raw material inflation, the company says.
The global JM sales teams will contact customers individually over the next days.
JM polyester spunbond nonwovens are used in a wide range of applications, such as roofing, filtration, battery and geotextiles.