Mitsubishi Chemical America Announces Price Increase

April 25, 2022

Dear Valued Customer,

The polyester film industry continues to experience rising costs while current market demand remains strong.  Raw materials for resin production and purchased resins, packaging materials, logistics, and other critical raw materials have all seen further cost increases.

We continue making every effort to absorb and offset these rising costs as much as possible while providing high quality and service.  However, due to these factors, MCA, Polyester Film Division will be implementing a price increase a minimum of $0.15/lb effective on all PET film product shipments from May 13, 2022.

In these challenging times, we are grateful for your business and understanding.  Your Sales Account Manager will be in touch with you in the coming days to discuss and answer your questions.

Thank you for your cooperation.

Sincerely,

 

Jeff Morris

Vice President, Sales and Marketing

Mitsubishi Chemical America, Polyester Film Division