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Announcing PET Price Increase
May 9, 2008 To Our Valued Customer, We continue to face sustained volatility in raw materials along with record high Oil & Utilities costs which are projected to continue. Due to these continued cost increases and strong domestic & global demand, it has become necessary for us to increase prices on PET products. Effective with shipments on or after May 26th, 2008 we will be implementing a $.10 per pound increase on all “Lumirror” and “Excell” polyester film products. Toray Plastics (America), Inc. remains committed to your business and the value placed on us as a global leader of high performance Polyester and Polypropylene films. As always, we will continue to focus our resources on you, our customer and we appreciate your support. Your Toray Sales Representative will be in contact with you to discuss the specific details. Sincerely,
Scott Van Winter General Manager, Lumirror Division Toray Plastics (America), Inc. |
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