Nonwovens Maker Colbond Raising Prices

Asheville, NC, April 22, 2010--Novwovens maker Colbond said it will raise prices 5-9% in North America for its entire product range due to the continued escalation of raw material, energy, and transportation costs.

“Due to significant increases in the cost of the supply chain raw materials such as paraxylene, caprolactam and propylene, the major raw material feedstock for polyester, nylon 6 and polypropylene polymers, the primary ingredients for all Colbond products, we have no choice but to pass part of these cost increases on to our customers as we see no indications that this situation will change appreciably in the near future,” said Colbond vice president Randy Cook.

“We have held off as long as possible, hoping that the increases in prices in the petrochemical supply chain, which began last year and have continued throughout this year so far, would moderate; however, that has not been the case."