INVISTA Announces High Tenacity Polyester Price Increase

March 24, 2005
WILMINGTON, Del.,- INVISTA Performance and Textile Fibers announced today a price increase of 10 percent on its high tenacity polyester fibers in North America effective April 18, 2005. The increase will affect several markets including industrial webbing and seatbelts, coated and laminated fabrics, sewing threads and cordage. New pricing is necessary to help offset increasing raw material, transportation and energy costs that continue to impact INVISTA’s polyester fiber business, and prices and availability are subject to change without prior written notice at the discretion of INVISTA.