Beaulieu Engineered Products announces global price increases across its fibres, yarns and technical textiles divisions effective as of January 1st 2019, or as contract terms allow.
The move follows ongoing significant increases in energy, raw material and delivery costs.
Sales representatives will contact customers individually over the coming weeks to discuss the impact of the price changes on their specific products.
Karena Cancilleri, Vice President of Beaulieu Engineered Products, comments: “Through the price increases, Beaulieu Engineered Products will be able to maintain the level of innovative and reliable support our customers expect. At the same time, our three divisions will continue to look at ways to improve their operations to limit the effect of any further internal cost increases on customers.”
Beaulieu International Group is composed of three business units. ‘Flooring Solutions’, is a worldwide leader in wall-to-wall floor coverings (carpet, needle felt, artificial grass, cushion vinyl, vinyl planks, laminate, parquet, wall panels and mats). A second business Unit, ‘Polymers’, produces polypropylene granules for numerous applications. The third business unit ‘Engineered Products’, houses the activities related to ‘Fibres’, ‘Yarns’, ‘Technical Textiles’ and ‘Technical Sheets’.
Another division of Beaulieu International Group is specialised in the development and production of quality upholstery fabrics for the sofa industry.
Beaulieu International Group has more than 5,000 employees in 27 plants, 16 representative offices and distribution centres spread across 16 countries. In 2017, the combined turnover was close to €2 billion.