2007 Price Increase Notices
We have also received two quick resin increases this year. Although natural gas prices have dropped dramatically, the industry remains tight regarding supply so prices will continue to remain elevated in the near term.
Stretch film prices are increasing. See below.
February 26, 2006
To Our Valued Customers:
Our resin suppliers have implemented their previously announced price increase with little notice and with no price protection.
Therefore, Pinnacle Films is implementing its previously announced price increase of 9% effective with all orders entered on or after Monday, March 5th, 2007.
All orders must be entered for immediate shipment and be within our current lead times. Pinnacle Films reserves the right to accept or decline orders at its sole discretion.
We will keep you advised as the current resin situation continues to evolve. Please contact your Pinnacle Films sales representative for clarification of any issues you may have.
Thank you for your continued support and business.
Sincerely,
Bill Rice
President
Updated 2-27-07