Impact of Shipping Cost & Lead Time Increases
FOR IMMEDIATE RELEASE – February, 2024, Waalwijk, The Netherlands – As a result of the ongoing situation in the Red Sea, global shipping costs and lead times have increased significantly. IGM Resins has seen an increase in costs and lead times for shipments of both raw materials and finished goods to all regions and intends to adjust prices to help offset these increases in costs.
While we will try to avoid price changes where possible, IGM Resins will communicate any price changes directly with affected customers. Any updated prices will take effect as contracts allow.
At IGM, we are taking every measure to be the leading supplier for all your energy cured resin, additive, and photoinitiator needs, and we thank you for trusting us with your business. Upon review of this information, please contact your Customer Service Representative or Account Manager with any questions or concerns.
Global Product Management
IGM Resins