As the company continues to put measures in place to minimize the impact of these increases, it can no longer absorb the cost and must pass them on fully through the value chain. The increases vary between 15% and 20% depending on the design of the product.
As a concrete measure to protect supply against escalating costs, the company decided to temporarily cease operations during the peak in the cost of electricity last week. During this time, customers were served without interruption from available stocks. Subsequently, operations resumed as planned.
“While we do everything we can to minimize the impact of inflationary pressures on our customers, continued cost increases and dramatic changes in the operating environment have compelled us to take these measures,” says Marko Rajamaa, Director General of BCNonwovens.