The Hygiene division of Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, announced price increases on all polypropylene, polyester, recycled polyester, polylactic acid (PLA) and bicomponent fibers effective December 1, 2021, or as contracts allow. These fibers are used in a variety of different hygiene and technical applications, worldwide. Prices will increase up to 15%, depending upon the specific fiber grade.

Shachar Rachim, CEO of the Hygiene Division states, “Due to unprecedented increases in energy, wages, domestic and international freight costs, as well as finishes, additives and all packaging materials, we find it necessary to take this pricing action. These price increases will take place independent of any resin cost changes.”

“We recognize that these increases are taking place during an unusually high period of commodity resin pricing, yet we must take this action in order to support the staffing of our operations and the continued delivery of our high-quality fibers,” says Tom Zaiser, chief marketing officer. “We will monitor the dynamic, global inflationary issues making these increases necessary on a quarterly basis and adjust as possible should these pressures subside.”