News

Advansa,which describes itself as Europe's largest polyester fibre manufacturer,has raised its prices in response to the increased costs of raw materials (particularly paraxylene),energy and other costs.Following recent increases, the company says the price of paraxylene has reached levels of Euro100 t-1 above any expectations for July 2008:in June it cost Euro950 t-1;by July,this had increased by Euro135 t-1. In order to secure a viable business, Advansa has therefore increased its prices by Euro0.10 kg-1,with effect from11 July,on top of all current agreements.