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
