In addition, extensive logistics surcharges and escalation of energy costs continue, the company said in a media release.
Chris Astley, SVP and chief commercial officer of Glatfelter Corporation, said: “Extensive efforts to reduce overall costs and increase manufacturing efficiencies continue to be a key focus at Glatfelter as inflationary pressures are experienced throughout the global supply chain.
“Given the continued escalation in input costs, this price increase is in addition to the pricing actions taken earlier in the year within our composite fibres segment. As an industry leader, Glatfelter is well positioned to provide supply continuity and remains committed to delivering best-in-class products, innovation, and service our customers have come to expect.”
Fibre2Fashion News Desk (KD)