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Fixed price adjustment

 
Naaldwijk, 5 October 2021
Subject: Price adjustment for plastic products October 15, 2021
 
Dear customer,
 
For some months now, the European market for polymers has been under very high pressure, resulting in a great scarcity of raw materials. Last spring, we were therefore confronted with enormous price increases.
Therefore, from March 2021 onwards, we have decided to keep our sales prices stable but to work with a weekly and afterwards a monthly surcharge. The expectation was that after the summer the price development would fall back to the old price level.
Given the current circumstances, we have decided to change the temporary nature into a structural price adjustment. As of 15 October 2021, the temporary monthly surcharge of 15% will be converted into a structural price adjustment of +12% (rounded down to the nearest whole number) for our fixed and customer-specific assortment. This means that the surcharge will no longer be shown on our quotations, order confirmations and invoices.
For current orders with deliveries after 15 October 2021 the agreed prices will of course remain valid. The new gross prices can be viewed digitally from 15 October 2021 on our webshop using your personal login details. If you do not have a login code yet, you can register here.  Our price list for the fixed product assortment in Excel can be requested for your ERP/CRM system.
 
I hope for your understanding in these turbulent times and we look forward to a continuation of our successful cooperation. Should you have any further questions, please let me know.
 
Kind regards,
Robert Kemeling

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