Cyrel announces price increases in US, Canada.

Position:INDUSTRY NEWS - DuPont Packaging and Industrial Polymers - Brief article

DuPont Packaging Graphics, of Wilmington, DE, USA, has announced a price increase in the US and Canada effective March 1 for all DuPont Cyrel products. The increases range from 3 percent to 8 percent, depending on the product.

"We have avoided taking this action for a long time," says Bob Zoelle, North American Business Director for DuPont. "Our products are highly dependent on oil based feed stocks. Over the last five years DuPont Packaging Graphics has aggressively pursued manufacturing productivity improvements and cost reductions in an attempt to offset the sustained increases in the cost of petroleum-based raw materials and energy costs of manufacturing, warehousing and distribution. We will continue to work to offset these cost increases, but we're now at a point where we see no choice but to pass...

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