Glass Industry Prices Rise

"...volatile factors have also impacted the glass industry, which has recently seen major companies such as Guardian Glass announce price increases and surcharges. Guardian is not alone, as five other industry companies issued price increases. These include Viracon, Vitro, Kuraray, Blue Star Architectural Glass and Oldcastle BuildingEnvelope®."

"Koch Industries, the parent company of Guardian Glass, is calling for employees to shut down its two glass plants in Russia as a number of factors related to the invasion of Ukraine have made continued operations “untenable.” However, employee safety is a continued concern even with the announcement."

"Guardian Glass cites extreme volatility in raw material costs, supply chain disruptions and industry conditions in a letter to its U.S. and Canadian customers announcing price increases on all shipments starting next week. It also announced its energy, transportation and silver surcharges will now undergo monthly adjustments."