Friday, November 11, 2005 - Florham Park, NJ Troy Corporation announced that higher costs for key raw materials, packaging, transportation and energy related products and services make it necessary to increase global prices for certain Polyphase® products effective December 10, 2005 and as contracts allow. Prices will be increased according to the following schedule:
Polyphase P100 $1.78 per pound
Polyphase AF1 $0.78 per pound
Polyphase AF3 $0.75 per pound
Polyphase P20T $0.53 per pound
This increase covers only a portion of the overall higher costs associated with the manufacture and supply of these Polyphase products. For the past 2 years, raw material, energy, transportation, packaging and other costs have risen dramatically. More specifically, published industry cost averages over the past 12 months have risen 115 percent for natural gas, and similar increases have been seen in petroleum-based raw materials. These increases substantially exceed the cost savings that could be made in supply, operations and distribution.
Please visit www.troycorp.com or contact your local Troy representative for additional information about our new family of solvent free, zero VOC Polyphase products designed for improved performance and better value than traditional petroleum-based biocides.