Heritage Bag Announces Price Increase

Polyethylene resin suppliers are implementing a price increase to the market on all grades of polyethylene effective February 1st. The driving factors behind the increase are centered on rising feedstock costs, as well as tightening global supply and demand conditions for PE.

Therefore, effective with orders placed on or after Monday March 6th for immediate shipment (normal lead times), Heritage Bag will increase stock pricing on all can liner and food bag products by 7%. Non-guaranteed contracts will also be raised 7% on that date. Unfortunately, we are unable to extend additional price protection or accept loading orders in advance of the price increase. We will monitor order quantities and reserve the right to keep orders at historical levels.

Contact your Midland Paper, Packaging and Supplies sales professional for additional information.

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