The company says that it is continuing to see major raw materials prices increase at alarming rates.

"With the rise of these key raw materials affecting our entire product line, we will be determining in the coming weeks what we need to do with regard to pricing our products," states Rod Graf, Commercial and Operations Director, PCCR USA INC, Carpentersville, Illinois.

"It is unfortunate that we are seeing these increases as they are step changes from where they were in the fourth quarter," he adds. "We are doing our best to pass along information to the industry in a timely manner so that proper planning can be completed with current and accurate data."