AMERICAS FILAMENT To Raise Cost of Dacron® Polyester Yarns by Seven to Ten Percent
January 27, 2004
CHARLOTTE, North Carolina – INVISTA business unit AMERICAS FILAMENT announced it will increase the price of Dacron® polyester filament yarns by seven to ten percent beginning February 15.
"Raw material costs have escalated severely over the past two years and are projected to rise further in the months ahead," said Sales Manager Scott Kendrick. "Our business cannot afford to continue to absorb these increases at current filament prices."
AMERICAS FILAMENT manufactures polyester filament fiber for the home furnishings, upholstery, automotive textiles and apparel industries.
INVISTA – formerly DuPont Textiles and Interiors – is headquartered in Wilmington, Delaware, and is the world's largest integrated fiber and intermediates business, generating $6.3 billion in 2002.
"Raw material costs have escalated severely over the past two years and are projected to rise further in the months ahead," said Sales Manager Scott Kendrick. "Our business cannot afford to continue to absorb these increases at current filament prices."
AMERICAS FILAMENT manufactures polyester filament fiber for the home furnishings, upholstery, automotive textiles and apparel industries.
INVISTA – formerly DuPont Textiles and Interiors – is headquartered in Wilmington, Delaware, and is the world's largest integrated fiber and intermediates business, generating $6.3 billion in 2002.
