Price Increase Notification
Effective July 2022
As we all know the global economic recovery continues to present many challenges, as we emerge out of the pandemic crisis and decades of low costs/short lead times for many industries. Many economic analysts are predicting that the era of low costs is coming to an end and higher prices are here to stay. Container and shipping costs for example have more than doubled in the last 12 months and are likely to increase further until the end of the year. Other factors which have been felt in our business and indeed many other businesses is the rising costs of fuel, electricity, pallets, packaging materials, transport and labour shortages to name a few.
Due to these rising cost pressures we will be implementing a company wide price increase of 3.8% effective 1st July 2022.
We wish to also advise of the following additional category price increases effective 1st July 2022.
Weathertex Range Between 4 – 13%
Bostik Range Between 2.5 – 6%
We take this opportunity to thank you sincerely for your continue