Propex Raising Carpet Backing Prices 15 Percent

Chattanooga, TN, Sept. 1, 2009—Propex Operating Company LLC said that prices of all Polybac, Actionbac. and all other backings for the carpet industry will be increased an average of 15% effective Sept. 14.

The continued escalation of petrochemical based raw materials is the primary reason for the increase, the company said.