News and Testimonials

11/09/2017 - News
PRICE INCREASE ON ALL FINISHED GOODS AS OF 2 OCTOBER 2017

Dear Clients,
 
RE: Price increase effective Monday, October 2 2017
 
As you are all aware, Hurricane Harvey has affected a significant share of the polyethylene production capacity in North America. Although the worst is hopefully behind us, the industry is still facing technical and logistical challenges to restart many of the reactors that were shut down or damaged. This is therefore creating significant supply constraints in North America.Over the last 2 weeks, polyethylene resin producers have announced 2 rounds of price increases totaling USD$0.07/lb. 

Given our rising costs and the limited supply of polyethylene, we are announcing a price increase of 5% effective Monday, October 2, 2017 on the following products: 

  • All black, clear, white and custom-made garbage bags in LLDPE or HDPE
  • All food grade poly bags
  • All bags on a roll

All clients will have until Friday, September 29, 2017 to place orders at current prices. Please note however, that purchases will be restricted to your traditional buying patterns given the limited supply of resin in the market place. 
 
It is our expectation that the current environment will last until the first quarter of 2018.
 
As always, your support, loyalty and continued collaboration are much appreciated. 


Randy Shermet
Vice President Sales and Business Development

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