Lydall Performance Materials Announces Price Increase
Lydall Performance Materials, a wholly-owned subsidiary/affiliate of Lydall, Inc., announced a general price increase effective with orders placed on or after June 30, 2018. This adjustment is in response to industry-wide increases in the costs of fibers, resins and freight.
The price increase covers all products supplied by Lydall Performance Materials' global business and varies by specific product type.
The continued improvements and implementation of the Lydall Lean Six Sigma (LLSS) principles has allowed Lydall to absorb cost increases over the last four years without passing those costs to most of our customers. Lydall remains committed to the principles of LLSS and will continue to focus on cost and efficiency improvements to keep price increases to a minimum while improving the quality and service levels its customers rely on, the company says.