Epsilyte Moving Expandable Polystyrene (EPS) Prices up to Keep Pace With Escalating Feedstock Costs

THE WOODLANDS, Texas–(BUSINESS WIRE)–Feb 19, 2021–
Epsilyte, a leading North American producer of Expandable Polystyrene (EPS), will increase the price of all grades of EPS by an additional $0.12/lb., effective March 1, 2021 or as contracts permit. This adjustment is in addition to the previously announced price increase of $0.05/lb. effective March 1, 2021, for a total of $0.17/lb. increase for all grades. This additional adjustment is necessary to keep pace with rapidly escalating feedstock costs.
About Epsilyte
Epsilyte is one of North America’s leading producers of expandable polystyrene resin. We are a company of scale focused on solving customer needs for efficient, high-R value EPS. This includes reducing energy usage in buildings, ensuring safe and healthy food through innovative packaging technology, and participating in infrastructure investment both in the United States and abroad. Epsilyte is a portfolio company of Balmoral Funds LLC.
View source version on businesswire.com:https://www.businesswire.com/news/home/20210219005448/en/
CONTACT: Epsilyte Contact:
Todd Galliart
Business Manager
Cell: 409-422-5903
Todd.galliart@epsilyte.com
KEYWORD: TEXAS UNITED STATES NORTH AMERICA CANADA
INDUSTRY KEYWORD: PACKAGING CHEMICALS/PLASTICS OTHER ENERGY OIL/GAS MANUFACTURING ENERGY OTHER MANUFACTURING
SOURCE: Epsilyte
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PUB: 02/19/2021 01:17 PM/DISC: 02/19/2021 01:17 PM
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