Atlanta, Georgia - Atlas Roofing Corp. is to increase pricing on shipments of all polyiso insulation by 5-7 percent, and said further increases will be announced as necessary.
The Atlanta, Georgia-based group said in a 7 Feb statement that "the cost of raw material components for the manufacture of polyiso (polyisocyanurate) insulation has been rising since the last quarter of 2011. These escalations have continued into 2012, and we have been notified of further scheduled increases. Consequently, we will be forced to increase pricing for all of our polyiso insulations as these raw material increases continue."
Atlas added that it is committed to doing our part to mitigate these increases through negotiation with our suppliers, better production efficiencies and aggressive expense control.
And while there may also be some "tightening" of raw material supplies later in the year, Atlas is confident that it can service all customers' needs.
Atlas recently set up a new plant in Vancouver, British Columbia, which will start shipping product this month. It now has eight polyiso plants across North America, and 17 plants in total.
"Reaching the Pacific Northwest with polyiso insulation products is an important priority for Atlas," said Tom Rowe, vice president, commercial sales and marketing, in an earlier company announcement. "Construction in Western Canada is trending upward at the moment and the Western US continues steady expansion in commercial building. Both markets require energy-efficient building envelopes to meet increasing federal and local codes and standards. Helping architects, building owners, consultants, and contractors use our extensive polyiso product line to meet their needs is an exciting business opportunity for Atlas."
The Vancouver facility will incorporate state-of-the-art laminating and blowing agent technologies to produce a polyiso board with versatility and high long term thermal resistance (LTTR) Values.
The facility joins the Toronto location as the second Atlas polyiso plant in Canada, where the company claims to own more production capacity than any competitor. The ability to efficiently reach Canada, along with the northwestern US, is critical for continued expansion of Atlas' polyiso business.