Lenzing raising prices
By Staff -- Home Textiles Today, 9/6/2005 12:09:00 PM
LENZING, Austria -- The Lenzing Group, a producer of man-made cellulose fibers, plans to increase the prices of its fibers beginning in the fourth quarter.
Increases of at least 5 percent -- depending on the fiber type -- are expected, according to the company. The increases will take effect Oct. 1 and will apply to fibers used for both textiles and nonwoven applications.
“The Lenzing Group is taking this action in order to compensate for the considerable increase in raw-material and energy prices which have been severely impacting the fiber business for many months and have recently become more pronounced,” the company stated.
We would love your feedback!
Featured Company
-
Brandwise Inc.
Brandwise serves a model - not just an industry - by integrating, automating, and optimizing the entire sales channel, from wholesale Suppliers to their Reps and the Retailers they service. In short, our software helps Reps and Suppliers sell more and create... more
