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Price Increase from April 1st, 2018

· Company News

Price Increase from April, 2018

We're sorry to announce that, from April 1st, 2018, due to significant cost increase from April 2017, Celotech will increase price of HPMC, MHEC, HEC and Cellulose fiber from April 1st, 2018, based on previous price.

We have to adjust our selling prices based on the previous price and increase according to following percentage:

Celopro MK, MT, ME: 8%
Celopro MH: 6%
Celopro HHB: 6%
Celofiber: 5%
Other types for special applications: 10%

This is a very difficult step to secure save and stable growing of Celotech. Raw material prices are not stable from last year and most of the products in our cost structure have increased prices for more than 50%. We will not able to survive if we're not taking actions within this year.

So after a through discussion internally, finally we made this decision of price increase. We do hope our partners and distributors, customers will understand of this change.

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