Polymer Group raises prices on resin, fiber

Charlotte, N.C. – Resin and fiber-based materials producer Polymer Group (PGI) will increase prices due to continued increases in raw material costs, the company said.

“In certain cases, input prices have increased more than 30% in recent months,” the company said, noting that polyester, polypropylene, pulp and rayon have seen some of the fastest price increases.

PGI said its price hikes “will be in excess of 10%” in most cases.

“This phenomenon is not unique to PGI but is impacting our entire industry,” said PGI ceo Veronica Hagen.

Home Textiles Today Staff | News & Commentary

Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Research Store

Featured Video

Subscribe to
Home Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.

CURRENT ISSUE

HTT November 2017 cover

See the November 2017 issue of Home Textiles Today. In this issue, we look at Complex Colors, Complex Times--Trend forecasters and interior designers weigh in on 2018 palettes and motifs.  Other articles include: Data: Exclusive HTT soft window research; Innovation: Material Changes conference preview; Country report: India invests in the future and Fabrics: Showtime preview.  See details!