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More price increases for BPI

Rising energy and input costs have forced British Polythene Industries (BPI) to announce further price increases for its flexible films.

Greenock-based BPI said that it would raise prices by up to £80 per tonne across its entire product range from 1 May.

The company blamed the price increases on rising energy and input costs, such as transport, masterbatches, additives, inks and printing materials.

Energy costs have risen by up to 50% over the past 12 months.

BPI chief executive John Langlands said the firm had to take action so it could continue to offer the "advanced product range customers require".

Langlands said suppliers had tried to pass on price rises of 3-50% "depending on the product or service in question".

In January, high polymer costs prompted the company to increase the prices of all its UK products by up to £100 per tonne.

Meanwhile, rigid plastics group RPC increased prices by 5% from 1 January 2008 as a result of "unrelenting" rises in input costs.

BPI is the largest manufacturer of polythene film, bags and sacks in Europe.

 

Langlands: action necessary to maintain product range

Langlands: action necessary to maintain product range

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