Composites World / NetComposites

Connecting you to the composites industry

Advertisement

NetComposites Ltd has transferred the rights and ownership of this website to Gardner Business Media Inc.

On 1st January 2020, NetComposites' media assets including netcomposites.com, newsletters and conferences were transferred to Composites World (Gardner Business Media).

This site is no longer being updated. Please direct all enquiries to netcomposites@gardnerweb.com.

For further details see our joint press release.

Armacell Increases Prices for ArmaFORM PET range

Armacell Increases Prices for ArmaFORM PET range

  • Tuesday, 9th January 2018
  • 0 comments
  • Reading time: less than a minute

Armacell has announced a global price increase of 5% for its entire PET foam product portfolio from 1 February 2018.

The company says this is a result of increases in the costs of key raw materials, as well as rising energy costs at the group’s PET foam manufacturing facilities in Belgium and Canada.

“During the past year, price increases in the commodity market have led to a significant rise in our raw material costs,” reports Thomas Kessel, Managing Director PET Foams. “We have had to cope with a 20% price increase for one of the key additives in our ArmaFORM formula. Our basic feedstocks, MEG and PX, have risen by 5% in recent months.”


Image provided by Armacell


For more information visit:


Share this article


Categories


Related News


Comments (0)

Leave your comment