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Resin Surcharge September 2021

       Notice of a further surcharge increase from 1st September 2021

 

In line with our previous communications, the surcharge amount applicable to all orders on and from Wednesday 1st September are detailed below-

  • a further 3.5p per metre (circa 0.48%) increase is the temporary surcharge to be implemented from 1st September
  • this is in addition to the previous 28.5p per metre previously communicated over the prior months
  • therefore the revised resin surcharge being applied from 1st September, will be 32p per metre (Circa 4.88%)

Our latest view, is that raw material prices have been pushed up again, these increases have been driven by- 

  • continued strong demand from the construction sectors
  • American imports broadly, still not available in the UK
  • production disruptions with the supply of PVC due to extraordinary adverse weather conditions in Belgium and Germany
  • several new additional Force Majeures across Europe