Dear Valued Customer,
The historic and extreme weather conditions in the US Gulf Coast severely impacted raw materials feedstock supply chain, resulting in continued increases and tightness in availability.
Since mid-February, three price increases for Foam have been made from $.10 per pound and will continue to rise, with a projected increase up to $1.00 per pound or more.
Availability for our raw materials for Coatings have also been affected and as a result, we have had to increase our coating costs by $5.00 per gallon at this time. Pricing for coating may also increase depending on raw material production.
We thank you for your patience, partnership, and flexibility as we manage the evolving dynamics while attempting to return to operations as quickly as possible. Our goal is to remain transparent to you through these coming days and weeks with these communications.
With these unprecedented times, please make your customers aware of the price increases and quote your job costs accordingly with the increases and pricing may change in the near future without notice.
If you have any questions, please do not hesitate to contact your local sales or customer service representative.