Following the extraordinary escalation of crude oil and gas, Polynt Composites says that it has been forced to announce a first price increase of 100 €/ton effective January 10th 2017. Further price increases might be announced, according to the raw materials trend, the company says.
Polynt Composites will continue to commit to limit the impact of rising costs and short raw materials availability upon product pricing and supply.
‘We very much appreciate the understanding from our customers and we assure that we will continue to work to help the growth of our industry,’ Polynt said in a press release.
This story is reprinted from material from Polynt, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.