DuPont announces price increase and fuel surcharge for Cyrel Products

DuPont Packaging Graphics has announced a global price hike for all Cyrel products, due to come into effect on 16 May, that will mean a net increase of up to 7% depending on the product.

In addition the company will impose an energy surcharge, linked directly to the price of fuel and increased transportation costs, from the same date on a global basis.

The fuel surcharge will be charged on a square foot/square metre basis and be indexed to the price of Brent Crude Oil.

DuPont blamed the double hit on the sustained increases in raw material and energy costs in the past 12 months, which can no longer be offset by manufacturing productivity and cost reduction initiatives alone.

DuPont's Cyrel flexographic products include Cyrel photopolymer plates, Cyrel FAST processing equipment, Cyrel round sleeves, mounting and finishing products.