April 10, 2018

LUMIRROR ANNOUNCES PET PRICE INCREASE

To Our Valued Customers,

Due to ongoing rising costs in the production of ultra-light gauge PET film products, including both raw materials and other operating costs, Toray Plastics (America) is announcing a 15% price increase on all PET films with a gauge below 7 microns effective with shipments on or after May 1, 2017.

Although we do everything possible to improve productivity and to reduce internal costs so that such measures can generally be avoided, this price increase is necessary to allow for a healthy, sustainable operating environment while allowing us to maintain our long-term ability to provide the stable supply and product quality upon which our customers have come to rely.

We at Toray value your business, and we will continue to strive towards continued excellence in performance-films innovation, product quality, customer service, and overall value as a truly global producer of both PET and OPP films.

Your kind understanding and cooperation in this matter are very much appreciated. Your Toray Sales Representative will be in contact with you to discuss the specific details and any questions that you may have.

We at Toray Plastics (America) continue to fully appreciate your business and support.

Sincerely,

Mark Turano
National Sales Manager, Lumirror Division