Changes in Styrene Cost – Frame USA

Frame USA has been using a product called styrene—which is a plexiglass type material in our larger picture frames since we began operations over 30 years ago. For most of this time the styrene used in our picture frames has been purchased domestically from a large plastic manufacturer in the United States. In the 4th quarter of 2013, this plastic manufacturer, through its distributor, came to us and let us know that they were raising the price of our styrene product by 67% over the first six months of 2014. This huge price increase came despite almost no increase in raw materials prices or resin increases. According to the sales manager at this manufacturer, “we believe the styrene product was undervalued in the marketplace” and this lead to the incredibly large 67% increase that is taking place. “We want our customers to know that we are shocked at our vendor’s behavior which has lead to a major increases in our product prices effective today”, said Daniel P. Regenold, C
http://www.frameusa.com/blog/changes-in-styrene-cost/?utm_source=rss&utm_medium=rss&utm_campaign=changes-in-styrene-cost

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