Understanding Packaging and the Basics
Packaging Insight is a resource to help our customers understand the terminology used in the various packaging industries. We hope you find the information on these topics both informative and useful. As always we are committed to the success of our customers. If you have a question or need information on a product or topic not mentioned feel free to call us 813 242 6995.
March stretch film price increase....
In response to the March 1st resin increase, all new orders received on or after March 27th will be priced at a 5% increase. All orders must call for immediate delivery and ship no later than April 30, 2013. Based on current lead-times and shortness of resin supply, we can only accept a limited number of new orders. We reserve the right to accept or decline all orders for any reason. Please check with your local plant location. (Read Letter)
Formosa Declares Force Majeure Due to an unplanned shutdown, Formosa Plastics has declared Force Majeure on LLDPE resins for an undetermined duration. Trade Reports February 2018 More info: www.quickpakinc.com
On Friday, March 23rd, the Pulp and Paper publication
confirmed the $50 per ton linerboard increase that had previously been
announced by all major corrugated manufactures. Key reason behind the increase
are the growth in demand for corrugated relative to capacity constraints,
declining inventories, and ever-increasing transportation costs due to fuel and
the nationwide driver shortage.
While we understand that increases are painful,
we cannot ignore material costs when commodity prices fluctuate.