FiberVisions®, ES FiberVisions Increase Prices

Effective July 1, or as contracts allow, FiberVisions® LP, Atlanta, Ga., will implement a global price increase on its mono polyethylene and polypropylene fibers. Prices will increase between 2 to 10 percent depending on geographic location and type of fiber.

Also effective July 1, or as contracts allow, Duluth, Ga.-based ES FiberVisions, Inc., a joint venture between FiberVisions and Japan-based Chisso Corp, will implement a price increase for both its polypropylene and polyester core bicomponent fibers. The price increases will vary by geographic region and bicomponent fiber type, but will range between 5 to 12 percent.

The companies cited rising costs in raw materials, transportation, additives and finishes, energy and packaging in announcing the price increases.

June 11, 2008