Epsilyte, a leading North American producer of Expandable Polystyrene (EPS), will revise the previously announced increase of $0.05/lb. for all grades of EPS to an increase of $0.07/lb., effective March 1, 2024, or as contracts permit.

Additionally, Epsilyte will increase the price of all grades of EPS by $0.05/lb., effective March 15, 2024, or as contracts permit.

These adjustments are necessary given the current feedstock cost dynamics which have evolved faster than anticipated due to ongoing unplanned events.

About Epsilyte

Epsilyte is one of North America’s leading producers of advanced insulative materials. We are a company of scale focused on solving customer needs for lightweight, energy-efficient, and carbon-favorable materials. This includes reducing energy usage in buildings, ensuring safe and healthy food through innovative packaging technology, protecting lives in safety helmets and car seats, and enabling cost-effective infrastructure investment worldwide.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240226786900/en/