Lumirror Announces PET Price Increase

To Our Valued Customers,

In response to ongoing inflationary pressures across most of our cost categories, including freight and storage, energy, labor, packaging materials, PET resin feedstocks, and other operating costs, Toray Plastics America is announcing a price increase of $0.12/lb. on all PET film products effective with shipments on or after October 1, 2021.

Although we do everything possible to improve productivity and to reduce internal costs so that such measures can generally be avoided, this step has become necessary in this unusual economic climate to allow us to maintain our long-term ability to provide industry-leading technology and product quality while offering the reliable service upon which our customers have come to rely.

We at Toray value your business, and your kind understanding and cooperation in this matter are very much appreciated. Your Toray Account Manager will be in contact with you to discuss the specific details and any questions that you may have.

Sincerely,

Mark Turano
Director of Sales, Lumirror Division

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