12 May 2010 – The global technical textiles industry has been affected by numerous upward swings in raw material costs, and this has led to many manufacturers announcing necessary price increases. Denmark-based Fibertex A/S is the latest. On the company’s corporate website, Jørgen Bech Madsen, CEO, Fibertex Industrial Nonwovens writes:
“In recent months the global price level of our main raw materials has been increasing significantly. This applies both for polypropylene as well as for polyester. It is the general expectation that these raw materials will remain at a high level in the future. We are no longer able to absorb these increased costs. In order to compensate partly for these increases Fibertex are increasing prices by up to 15% effect for orders with delivery from 1 June 2010.
“In this situation Fibertex will strive to keep and secure competitive prices and continue to take measures to avoid further increases. Fibertex will continue to do the utmost to fulfil the needs of our customers for reliable deliveries and good service.”
The company website:
http://www.fibertex.com/en-GB/Pages/default.aspx
Chris Kelsey is the editorial director for Geosynthetica. He can be reached at chris@geosynthetica.net.
