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ARNHEM, The Netherlands – December 20, 2021 – Freudenberg Performance Materials today announces a general upward adjustment to its prices for nonwoven performance materials for flooring and filtration applications in the EMEA region. This revision, effective January 1, 2022, has become necessary due to the sustained and unprecedented increase in the costs of raw materials, packaging, freight, consumables and energy, combined with disruptions in our supply chain. entering.
Pricing in all categories has far exceeded our expectations and is expected to remain at high levels throughout 2022. This historical pricing trend has put significant pressure on Freudenberg Performance Materials, and we understand our customers the same.
At this stage, our business can no longer absorb the effects of such high price levels. We will therefore be adjusting our prices for all of our Colback® and Lutradur branded nonwoven products for flooring and filtration application by double-digit increases based on product types.
Freudenberg Performance Materials will continue to work hard to improve productivity to offset inflationary pressure to maintain attractive price levels and avoid further price adjustments. We will continue to monitor market developments and in the event of sustained and unexpected downward trends, we will adjust our prices accordingly.
More than ever, Freudenberg Performance Materials stands by its customers, and we will continue to stand by our customers with our commitment to exceptional quality and service.
Posted on December 21, 2021
Source: Freudenberg Performance Materials
