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Price increase confirmed

Freudenberg Politex expectations on the escalation of raw material prices still continuing in 2011 were unfortunately confirmed: already in the first weeks of the year, the pressure on costs and also the shortage of key raw materials have been strongly penalizing all operations, impacting the entire supply chain.
To cope with the market demand and avoid stopping production lines, the Group is once again forced to buy at any price. For this reason, as announced in December, from February-March 2011 sales prices will be increased up to 13%, for all products and on all markets.

Novedrate, January 2011