March 16, 2016
Dear Valued Partners:
Due to ongoing market conditions and the rise of raw materials by the implementation of market wide price increases from resin suppliers, we are forced to implement a 6% increase.
This increase will have an effective date of April 11, 2016. This increase is for all film product orders, requiring immediate shipment.This is a market wide and fast moving push from the March increase that was delayed, followed by another increase announcement for April.
Resin will be tight and supplies limited. We strongly urge you to be active in your stocking situations and your purchases, to avoid shortages. Lead times may be extended, as this increase is fully implemented.
Your representative can show you some of our newest lines of film products that will help alleviate the increase to your customers.
Please don’t hesitate to contact me if you have any questions. We appreciate your partnership.
Sincerely,