DuPont to Increase DuPont™ Cyrel® Prices

WILMINGTON, Del.—DuPont Packaging Graphics will increase U.S and Canada prices for all DuPont™ Cyrel® products, effective March 1, 2008. The increases range from 3 to 8 percent depending on the product.

“We have avoided taking this action for a long time,” said Bob Zoelle, North American business director for DuPont. “Our products are highly dependent on oil-based feed stocks. Over the last five years DuPont Packaging Graphics has aggressively pursued manufacturing productivity improvements and cost reductions in an attempt to offset the sustained increases in the cost of petroleum-based raw materials and energy costs of manufacturing, warehousing and distribution. We will continue to work to offset these cost increases, but we’re now at a point where we see no choice but to pass along some of these costs.”