Freudenberg is the largest global nonwoven manufacturer. The Freudenberg Nonwovens Tuft Division produces Lutradur® spunbond polyester nonwovens in Germany, Taiwan and USA. Lutradur® nonwovens are used in automotive carpets, broadloom carpets, carpet tiles, building & construction and other industrial applications. Polyester raw material prices have been escalating for more than two years. It appeared at the beginning of the 4th quarter of 2001 that there would be some relief from this upward spiral of raw material costs. However, this now appears to have been only a temporary adjustment. There have been newly announced increases in the cost on polyester chip and the feed stocks to make
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