Date: 11 June 2004
The surcharge will be applied globally, indexed to the price of natural gas and adjusted quarterly. DuPont cites unprecedented and sustained increases in petrochemical feedstock, energy and freight costs and a concurrent tightening of capacity as significant reasons for this surcharge.The surcharge is necessary to prevent any further deterioration in already weak reinvestment economics. Natural gas is the single commodity which best represents these costs. The surcharge mechanism, common in the North American glass industry, has been chosen to provide relief to DuPont's customers if the energy markets improve.
DuPont Glass Laminating Solutions provides materials, services and innovations for a better, safer world. The business operates within the DuPont Packaging & Industrial Polymers strategic business unit, part of DuPont's $5.3 billion Performance Materials growth platform.
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