September 27, 2017
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 October 16, 2017. This increase is for all film product orders, requiring immediate shipment.
This is a market wide and fast moving push due to reactor shutdowns and damage created by Hurricane Harvey. This is the second increase in extraordinary circumstances. We do realize the difficulty this poses upon you and we urge you to make sure you check your current inventory levels and make the proper arrangements. I also highly recommend you contact your local representative to show our lines of engineered films to minimize the recent increases. We are here to work with you and help you add value to your customers.
Resin will be tight and supplies limited. Lead times may be affected and especially in some of the specialty product offerings.
Please don’t hesitate to contact me if you have any questions. We appreciate your partnership.
Thank you,
Ron Grubbs, Jr.
President