The prepaid freight policy will remain the same at 5,000 lbs. Current agreements and blanket orders may have temporary price protection from this increase, the company says.
"The industry continues to see costs escalating for raw materials, energy, transportation, fluctuating currency valuations, as well as growing global demand as the polyester film market emerges from an oversupply imbalance for the past few years," says Filmquest president/CEO John Felinski. "In response, polyester film manufacturers worldwide have droitly raised prices to offset these rising costs to the marketplace to ensure supplychain continuity and sustained future growth."
More info: www.petfilm.com