Wilmington, Del, 15 April 2011
DuPont Packaging Graphics Announces Price Increase and Fuel Surcharge for DuPont™ Cyrel® Products
DuPont Packaging Graphics has announced a global price increase for all DuPont™ Cyrel® products, effective May 16, 2011. The net increase is up to 7 percent, depending on the product.
An energy surcharge, linked directly to the price of fuel and increased transportation costs, also will take effect at the same time globally. This fuel surcharge will be charged on a square foot/square meter basis, indexed to the price of Brent Crude Oil.
DuPont Packaging Graphics has aggressively pursued manufacturing productivity improvements and cost reduction initiatives to offset higher costs, but can no longer keep pace with the sustained increases in raw material and energy costs that have occurred in the last 12 months.
DuPont Packaging Graphics is the world’s leading supplier of flexographic printing systems in digital and conventional formats, including DuPont™ Cyrel® brand photopolymer plates, Cyrel® FAST processing equipment, sleeves, mounting and finishing products. For further information, please visit http://cyrel.com.
DuPont (www.dupont.com) is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 90 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.