CHARLOTTE, N.C., Sept. 9, 2015 /PRNewswire/ -- Avintiv is increasing prices up to 10% on all materials it supplies into North America in response to the market conditions in the supply of polymer resins with particular emphasis on polypropylene. The increases are affecting orders shipped after September 1, 2015.
Shortages in supply due to strong growth in demand are impacting many Avintiv product lines in Hygiene, Healthcare, Wipes, Building, and Technical Specialties. Increasing the prices on these goods will ensure Avintiv continues delivering its high-quality products with the level of service its customers have come to expect.
About AVINTIV
AVINTIV Specialty Materials Inc. is a leading global innovator and manufacturer of specialty materials used in infection prevention, personal care and high-performance solutions. With 23 manufacturing locations in 14 countries, an employee base of approximately 4,300 employees and the broadest range of process technologies in the industry, Avintiv is a global supplier to leading consumer and industrial product manufacturers. Avintiv’s manufacturing facilities are strategically located near many key customers, working closely with them to provide engineered solutions to meet increasing demand for more sophisticated products.
For more information please contact:
Michael D. Neese
VP, Investor Relations
T +1 704 697-5171
Michael.Neese@avintiv.com
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SOURCE AVINTIV
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