Polymer Group Inc. (PGI), Charlotte, has announced price increases globally across all products. The company said the hikes will vary based on product composition, but generally will exceed 10 percent.

PGI attributes the increases to record high prices — in some cases, increasing by more than 30 percent — charged by its suppliers  for both resin and fiber-based raw materials including polyester, polypropylene, pulp and rayon.

January 29, 2008