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Dear Valued Customer:
During the past years the fiberglass production has met with great pressures in the continuous increases in costs of energy and raw materials, labor, finance and logistics. Jushi Group has been taking various measures of controlling the internal costs but was still unable to overcome the pressures of the cost elements due to the above reasons.
To meet our customers’ demands by continuing to provide good quality products and services and keep the company in a sustainable development, Jushi Group finds it necessary to implement globally a 6% price increase in fiberglass roving and fabrics, effective on 1 July 2014. Existing contracts with agreed price will be honored till its expiration.
We thank you for your long term understanding and supports and look forward to providing you with services in the future.
Our sales representative will be contacting you shortly to discuss the above announcement and doing the follow-up for some more details.
Very respectfully,
Jushi Group Co., Ltd.