Dear valued customer,
For many years, PHP Fibers – now part of the Indorama Mobility Group - has been dedicated to serving you with our DIOLEN® High Tenacity Polyester Yarns with specific properties and excellent processability. In recent years, we have been confronted with constant price pressure in our markets on the one hand and continuous cost increases on the other, which have become an increasing burden on the business despite continuous efficiency initiatives.
The COVID 19 pandemic has hit our industry very hard. The resulting financial consequences have contributed to accelerating our decision-making processes. As a reliable supplier of high-quality products to the technical textiles industry, we must ensure that we produce on an economically sustainable basis. We therefore have to inform you that it is necessary to increase our prices for all DIOLEN® High Tenacity Polyester Yarns for shipments as of January 1st, 2021.
Please rest assured that you will continue to receive the excellent service you have come to expect in terms of product quality, performance and supply. Your PHP account manager will be contacting you to discuss this matter in more detail.
PHP Fibers GmbH
Volker Siejak (Managing Director)