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USA:DAK Fibers raises Polyester staple fibre prices

2004-9-30


DAK Fibers began notifying its polyester staple fibre customers that all of its staple fiber products sold to home furnishings, apparel, industrial, and fiberfill markets will be subject to a $.03/lb price increase effective with shipments beginning October 25, 2004.

According to Hector Camberos, CEO ­ DAK Americas LLC, global prices of polyester ingredients continue to rise and DAK Fibers can no longer absorb these increases in the costs of it¹s polyester staple product line.

DAK Fibers understands the stress that the entire industry is facing, but it must offset these ingredient increases in order to remain a quality supplier in this market. DAK Fibers remains committed to the polyester staple business.

DAK Americas is a wholly owned business of Alpek S.A. de C.V.
 
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