Loparex Announces September Surcharge Amount
PPI from U.S. Government has been released.
(Willowbrook, IL, USA) - In June of this year, Loparex announced that we would be initiating an index-based surcharge that would be adjusted up or down by a factor 0.786 of the change in the Producer Price Index for Intermediate Materials, Supplies and Components (ID Series: WPUSOP2000, www.bls.gov/ppi) from the March 2008 baseline (184.1 at the time the surcharge was instituted) to the month of shipment.
The September PPI figure has been release by the U.S. government: 198.7. The surcharge for the October 25th -November 24th timeframe will be 6.23%. This rate will apply to all Loparex products shipped during this period.
Surcharge Calculation: (198.7 / 184.1) - 1 x 100 = 7.93% x 0.786 = 6.23%
Loparex remains committed to providing the highest quality release liner products, value, and service to its customers. For more information, please contact your Loparex sales representative to address specific questions concerning the index-based surcharge process. Thank you.
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