Mitsubishi Chemical America Announces Price Increase

September 3, 2021

Dear Valued Customer,

Polyester film continues to experience unprecedented challenges in elevated and rising costs throughout much of the supply chain. Pressures on resin, freight, fuel, and many other raw materials, as well as overall operating costs have not eased.

We continue to make every effort to operate efficiently to provide ongoing high quality and service. However, due to continued increased costs resulting from these various impacts coupled with high market demand, we must raise prices. Therefore, MCA, Polyester Film Division will be implementing a price increase of a minimum of $0.10/lb effective on all PET film shipments from September 20, 2021.

During these very challenging times, we are truly 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,

Byron J Morris (Jeff)

Vice President, Sales and Marketing

Mitsubishi Chemical America, Polyester Film Division