Since the end of the first quarter this year, we've witnessed a steep increase in our major raw material supplies which we cannot longer continue to absorb. 
While we strive to offset such fluctuations through sustainable new developments and improved technologies, we have no other option this time than to increase our prices for all comfort cooling and industrial process cooling products.
As a result, effective July 1st, a 4 % price increase will be implemented on all related markets served.