The price increase of 5% will take place as contracts allow. It will apply to all fibre glass products, including chopped fibres, direct and multi-end rovings, mats and speciality yarns.
“Costs for raw materials, petroleum-based binder ingredients, precious metals and transportation have continued to rise beyond what we can absorb,” explains Kevin McDonald, PPG general manager for fiber glass.
“This price increase is necessary, not only to offset the impact of these rising costs and other inflation factors but also to make investments to ensure we have ample capacity to continue meeting customer demand.”