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Friday, 23. October. 2020 17:03 Age: 33 Tag(e)

Price Increase as of January 1st, 2021

Announcement of price increase for DIOLENŽ High-Tenacity Polyester Yarns


For many years, PHP Fibers – now part of the Indorama Mobility Group - has been dedicated to serving all customers with our DIOLENŽ High-Tenacity Polyester Yarns with specific properties and excellent processability. In recent years, we have been confronted with constant price pressure in our markets on the one hand and continuous cost increases on the other, which have become an increasing burden on the business despite continuous efficiency initiatives.

 

The COVID-19 pandemic has hit our industry very hard. The resulting financial consequences have contributed to accelerating our decision-making processes. As a reliable supplier of high-quality products to the technical textiles industry, we must ensure that we produce on an economically sustainable basis. We therefore have to inform you that it is necessary to increase our prices for all DIOLENŽ High-Tenacity Polyester Yarns for shipments as of January 1st, 2021.