DuPont Building Innovations Announces Price Increases

DuPont Building Innovations announces price increases up to 15 percent in the United States, effective Sept.30, or as contracts permit, for DuPont™ Weatherization Systems products. Due to the accelerating price increases of oil-based feedstocks and energy, raw materials continue to be subject to significant cost increases.

Wilmington, DE (Vocus/PRWEB ) September 3, 2008 -– DuPont Building Innovations announces price increases up to 15 percent in the United States, effective Sept.30, or as contracts permit, for DuPont™ Weatherization Systems products. Due to the accelerating price increases of oil-based feedstocks and energy, raw materials continue to be subject to significant cost increases.

“DuPont Building Innovations is taking these actions in response to a step-change increase in raw material, energy and transportation costs,” said Todd Apple, DuPont Building Innovations director for the Americas. “We have worked to insulate our customers from these inflationary cost pressures by absorbing the cost increases, driving efficiencies in our processes, and by cutting costs. However, given the magnitude of the realized cost increases, DuPont is no longer able to fully absorb or otherwise address these higher costs.”

DuPont Building Innovations is taking these actions in response to a step-change increase in raw material, energy and transportation costs

We have worked to insulate our customers from these inflationary cost pressures by absorbing the cost increases, driving efficiencies in our processes, and by cutting costs. However, given the magnitude of the realized cost increases, DuPont is no longer able to fully absorb or otherwise address these higher costs.

DuPont is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.

9/3/08
The DuPont Oval Logo, DuPont™ and The miracles of science™, are registered trademarks or trademarks of DuPont or its affiliates.

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