[Wielsbeke, Belgium] Beaulieu Engineered Products has announced global price increases across its Fibres, Yarns and Technical Textiles divisions effective as of Jan. 1 2019, or as contract terms allow.
The move follows on-going significant increases in energy, raw material and delivery costs, the company said.
According to the company, sales representatives will contact customers individually over the coming weeks to discuss the impact of the price changes on their specific products.
Karena Cancilleri, vice president of Beaulieu Engineered Products, commented, “Through the price increases, Beaulieu Engineered Products will be able to maintain the level of innovative and reliable support our customers expect. At the same time, our three divisions will continue to look at ways to improve their operations to limit the effect of any further internal cost increases on customers.”