METYX will be increasing its prices by 12% on 1 January 2011.

The company explains that prices for all glass fibre raw materials have risen sharply since the beginning of the third quarter of this year. METYX also says that the recently imposed EU anti-dumping duty on Chinese glass fibre products has resulted in an increase in raw material prices throughout the European Union.

METYX Composites, headquartered in Istanbul, produces multiaxial reinforcements and products for RTM processes.