Propex Raising Carpet Backing Prices in May

Chattanooga, TN, April 19, 2010--Propex Operating Company has announced a 6% price increase for all carpet backing products, effective May 3.

Propex said the increase is primarily driven by the continued, upward trend in 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, vice president of sales.