Freudenberg Politex

Freudenberg Politex is forced again to raise its sales prices.

Raw materials on the market are very short and over the last few weeks this situation has dramatically affected costs, with unpredictable and uncontrollable rises.

Riccardo Sollini, President & CEO of the Group, has stated that "this further review of prices is unfortunately a forced choice, due to the necessity to maintain the engagements with our customers, our associates and with all other induced players. It is our responsibility to secure raw materials at any price, to avoid discontinuing our production in order to guarantee the continuity of our service. We ask again for the support of our customers and their understanding of this decision, made to protect our short term activity and confirm our long term commitment.
With the same sense of responsibility we are also committed to revising our prices downwards should raw material costs decrease in the forthcoming months."

The 7% prices increase will be applied effective from June 2010 including roofing reinforcements, nonwovens for thermal and acoustic insulation, as well as to all other building materials.

Novedrate, May 2010