Wellman to hike prices

Wellman Inc. announced on Friday that it will increase the price of its polyester staple fiber products by 12 percent to 14 percent.

It last increased prices, by $0.05 a pound, on April 29, 2002.

The company, which makes Fortrel polyester textile fibers , gave an increase in raw material costs as the reason for the price hike.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Featured Video

  • The Countdown to the ICON Honors Continues featuring Christophe Pourny

    Camera Icon More Videos