Raw materials affect Freudenberg Politex commercial policy

March 11, 2011 - Italy

The strong pressure on raw material prices and altered competitive situations on the procurement side hamper Freudenberg Politex to pursue a stable commercial policy. The Group is again forced to buy key raw materials at any cost, in order to satisfy the market demand and keep its production plants in operation. The situation of global markets is changing from week to week and under these conditions it is not possible to make any short term plan or forecast.

Though understanding the difficulties of its customers, who are also facing the increase of other raw materials, Freudenberg Politex is obliged to revise the sale prices of its products with short term notice, month after month.