- December 05, 2011
PARSIPPANY, NJ | The Rycoline Group of Sun Chemical will raise prices in North America by 5% on most blanket lines, effective January 1, 2012, due to continued increases in the costs of key raw materials such as textiles and rubber compounds. The blanket product lines affected by the price increase include: SunBeam, SunBeam N, SunBeam 116, SunBeam 122, SunDot, SunSpot, SunDual, and SunLazer.
Dennis Sweet, VP of Rycoline, explains, “We’ve seen especially high demand in cotton in 2011 because of the year’s poor harvest. As a result, there has been a tremendous increase in the cost of cotton, and we don’t foresee any of these costs [going down] in the near future.…”