Hollingsworth & Vose (H&V) has announced a price increase on filtration media in North and Latin America.
The company says that the North and Latin American filtration media markets have experienced significant growth since early 2020. This global market strength has led to rapidly increasing commodity costs in raw materials, transportation and energy.
H&V says that it is committed to long standing relationships including consistent supply, ongoing capacity investment and product innovation. As a result, it is necessary to implement a price increase in the Americas, subject to contractual obligations.
The changes will be effective on all filtration media orders shipped on or after 15 March 2021.