Polynt Composites announces price increase for Europe
In a scenario where oil and gas prices continue to remain record high, coupled with the disruption of some feedstock as a consequence of FM and of the Russia-Ukraine war, high raw materials and energy costs were expected. However, with the most recent announcement and price increases the pressure level has reached new heights in the supply chain.
It is therefore, with regret, that they must put on hold any agreements in place for April and increase their prices by further 200 €/t on top of the previous price announced at the end of March, effective immediately.
Although this situation was caused by circumstances beyond our reasonable control, they sincerely regret and apologize for the inconvenience this may cause to your business.
Polynt Composites will continue to make every effort to limit the impact of these rising costs upon product pricing.
