Product Prices

Urethane is a hydrocarbon, so it is linked to the rising cost of oil. Consequently, on September 1, 2004 Bayer Polymers followed other urethane manufacturers and increased the price of our raw material feedstocks by approximately 5%.

While we are able to absorb some of this increase, the relentless combination of materials and wage inflation forces us to raise prices by 3%, effective January 1, 2005.

This is the first general price increase that we have had since the company was purchased in 1991. The good news is that productivity improvements have allowed us to effectively decrease prices, so our products now cost 32% less, adjusted for inflation, than they did 14 years ago.

We could have maintained prices by blending regrind or fillers into our extruded belting or by making fewer QC inspections, but that would reduce the quality of our belts. We refuse to compromise on quality, so you can always rely on Dura-Belt for superior products.