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Propex announces price increase

(Create time:2010-1-19 Hits: Source: )

FROM floorcoveringweekly.com:Propex Operating Company announced a 6 percent price increase for all its primary and secondary products sold into the North American carpet industry, effective February 1, 2010. This increase is driven by the continued upward cost trend for key raw materials, notably polypropylene resin.

“As a company, we remain committed to maintaining reasonable margins that allow us to continue to invest in product technology, service and manufacturing resources to help meet customer needs,” said Dave Gartshore, national sales director, furnishing solutions.



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