Mitsubishi Chemical America Announces Price Increase

May 20, 2021

Dear Valued Customer,

Polyester film continues to experience significant challenges and rising prices throughout the supply chain affecting raw materials, freight, fuel, wood and packaging materials, and other operating costs.

We continue to make efforts to improve operating efficiencies for providing ongoing high quality and service. However, absorbing the increasing costs resulting from these various impacts is no longer sustainable. Therefore, MCA, Polyester Film Division is announcing a price increase of a minimum of $0.16/lb effective on all PET film shipments from June 7, 2021.

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