Fibertex Nonwovens announces price increases

During 2018 we have experienced a sharp global increase in our main raw materials. It is expected that the raw materials will remain at a high level in the future. In addition to this, we also experience increases in transportation and utility costs.

Fibertex Nonwovens are no longer able to absorb these increased costs on our own. In order to compensate partly for these increases we are announcing price increases.
Fibertex continues to work on measures to improve our productivity, we will strive to keep and secure competitive prices, and we continue to take measures to avoid further increases. Also, we will be pleased to discuss with our customers if we together can identify solutions that are suitable for both parties to reduce the impact of the increased costs.

Volatile raw material markets are having an increasingly strong impact on all textiles and
nonwovens-related industries. We hope for our customers’ understanding of this situation which is due to factors completely beyond our control.

We will continue to do the utmost to fulfil the needs of our customers for reliable deliveries and good service.

November, 2018