PPC Insulators to Increase Prices Worldwide
Higher Than Predicted Material Prices, Transportation Costs and Year Over Year Inflation Prompt Action
Due to the persistent price rises of production materials along with steadily growing inflation and additional price escalation in the upcoming 2018, PPC Insulators today announced a price increase.
For the last couple of years, PPC Insulators was able to manage and absorb cost increases. PPC prices maintained constant despite increases between 10 to 30 percent for materials such as end fittings, alumina, and energy costs and besides covering year over year inflation costs. However, a considerable increase for 2018 has led management to revision and price adjustment since the compensation by internal process improvements is not feasible anymore. Effective immediately, price adjustments from 7 to 15 % depending on product type across PPC product range will be applied to new quotations.
PPC Insulators Group remains committed to delivering highest value, product availability and quality to all its customers. PPC understands the electrical insulator quality as a key interest
of its customers, and there will be no compromising on that.
The price increase will not affect running orders, frame agreements and outstanding quotes, which are within their offer validity.
All detailed information about price increase will be communicated through local PPC Sales Representatives.