Published: 04 May, 2010
Stahl will increase prices for several of its leather finish and performance coatings products, effective June 1, 2010, or as contracts allow.
The increase is necessitated based on the escalation of raw material feedstock used to manufacture their products. Key suppliers significantly reduced capacity during the recent economic crisis. The current global demand associated with the ongoing economic recovery has led to short supply of raw materials, thereby creating the sharp increase in raw material costs. Furthermore, costs for packaging, transport and energy have also increased.
Stahl’s say that their primary responsibility is to maintain a steady supply stream to their customers and trading partners, but the current raw material crisis has made an increase in their prices unavoidable.
Stahl are a leading supplier of leather finishes and have strong positions in performance coatings with business units Permuthane and Picassian.
Leather International » Latest News
ICHSLTA seek closer co-operation
Hong Kong
Published: 05 May, 2010
The 81st ICHSLTA AGM took place in Hong Kong on March 28 prior to the APLF. Delegates (from China, US, Turkey, France, Australia) confirmed that they had all seen a recovery in past few months following a very difficult 2009. An exchange of information on tariffs and environmental protection policies were discussed.
ICHSLTA also agreed to work more closely with the International Council of Tanners on contracts 6 and 7 as well as work more co-operatively with the ICT on improving the rules of the trade.
The association said in a statement that they were also examining the possibility of working more closely with organisations such as UNIDO and the FAO.
The Japanese Leather Industry Association (JLIA) were officially adopted as a full member and Proyecto Catalana Del Cuero were adopted as an associate member.
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