Wellman announces new polyester price increase
September 1, 2006,
Fort Hill, S.C. -- Wellman, Inc. said that effective with Oct. 1, 2006 shipments it will increase the price of all polyester staple fiber products by 5 cents per pound. The price hike comes on top of the previously announced 5 cents per pound price increase that is effective today, Sept. 1.
Wellman manufactures and markets polyester products including Fortrel brand polyester fibers and PermaClear and EcoClear brand PET (polyethylene terephthalate) packaging resins.