Packaging Solutions
Xsys has announced the implementation of price increases across the nyloprint product range from 1 February 2022. The increases come as a direct response to the unprecedented levels of cost inflation, which up until now have been mitigated by the company through various cost reduction initiatives and projects, as well as technology improvements and other efficiency gains.
The additional inflation seen in 2021 shows no signs of retracting. As a result, Xsys will implement a price increase of between 7% and 15% across the nyloprint product range.
‘Securing the supply of our products in a timely manner to customers remains our priority. We will maintain full support of our customers with technical service and quality products during this challenging economic period,’ said Friedrich von Rechteren, global commercial vice president. ‘Furthermore, Xsys will continue to invest in projects and efficiency drives designed to counter the inflation where possible.’
Comments