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TEMPORARY INPUT COST ADJUSTMENT LEVY NOTICE

Dear Valued Customer,

Ongoing instability in global energy markets continues to impact key materials and services we rely on, including polyethylene resins and freight.

We are now feeling the impact on our business, and while we are working hard to absorb as much of these increases as possible, it has been necessary to increase a temporary adjustment.

Starting 4 May, Rapid Spray will be introducing a 6% Temporary Input Cost Adjustment Levy on all new orders and associated invoices. Orders placed before 4 May will not be affected. (The 6% will replace the current 3.5%)

This measure is intended to be short term, and we will review it monthly as conditions evolve.

Our priority remains delivering the quality, reliability and support you depend on. We appreciate your understanding and thank you for your continued partnership.

Warm regards,
Russell Firth
Rapid Spray

FAQs

What is the Temporary Input Cost Adjustment?

This is a temporary 3.5% cost adjustment applied to new orders to help offset rising input costs across materials, freight, and production.

Why is this cost adjustment being introduced?

Ongoing volatility in global energy markets has driven up crude oil prices, which directly impacts key materials like polyethylene resins, as well as freight and transport costs. While we have absorbed these increases for as long as possible, the scale and speed of cost changes mean a temporary adjustment is now necessary.

When does the cost adjustment take effect?

The cost adjustment applies to all new orders placed from 1 April onwards.

Will existing or prior orders be affected?

No. Orders placed before 1 April will not be subject to the cost adjustment.

Is this a permanent price increase?

No. This is a temporary measure designed to respond to current market conditions.

How much is the cost adjustment?

The cost adjustment is 3.5% and will be applied to the total value of new orders and reflected on invoices.

How long will the cost adjustment be in place?

We will review the situation monthly and adjust or remove the cost adjustment as market conditions stabilise.

Will the cost adjustment be adjusted if conditions improve or worsen?

Yes. The cost adjustment will be reviewed monthly and may be adjusted, reduced, or removed depending on market conditions.

Who can I contact for more information?

Please reach out to your Rapid Spray representative or our customer support team for any questions or clarification.

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Fill out the form below and our team will get in touch with you as quick as we can! Our operating hours are 8:00am – 5:00pm Monday to Friday EST. You may also call us at 1800 011 000.

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