Quadrant Engineering Plastics Products (EPP) is set to introduce a price increase of up to twelve per cent depending on the kind of product line or shapes this year.

Quadrant Engineering Plastics Products (EPP) is set to introduce a price increase of up to twelve per cent depending on the kind of product line like: cast, compression-moulded and extruded stock shapes this year. These increases apply to pricing in Europe and will take effect from March 1, 2005. This decision is a direct result of the significant increases which Quadrant EPP has incurred in raw material, energy and transportation costs.

In particular, the escalating cost of Benzene, the main feedstock of most engineering plastics, has been a primary cause of these price increases.

Although Quadrant EPP operates a company wide programme of continuous improvements and regularly implements new measures to improve productivity which help contain costs, the new price increases have been unavoidable given the substantial increases in materials and production related costs.

Quadrant does not foresee any relaxation of this cost situation in the near future.

* Quadrant Engineering Plastic Products (QEPP) is the world's leading manufacturer of engineering plastics in stock shapes (rod, plate, tube) for machining.

Other specialities include custom nylon castings and finished parts.

QEPP's catalogue of General and Advanced Engineering Plastics covers the broadest range (in terms of materials and dimensions) of standard and custom shapes for machining.

Products are available through a worldwide network of branch offices, technical support centres and authorized dealers.