DuPont Building Innovations announces price increases
Officials at DuPont Building Innovations announced price increases up to 15 percent in the United States, effective Sept.30, or as contracts permit, for DuPont Weatherization Systems products, according to a Sept. 3 company release. 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, director for the Americas, DuPont Building Innovations. “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.”