Canadian tape maker says rubber shortages, prices affected results

By Liz White, ERJ staff

Montréal, Canada-Adhesive tape maker Intertape Polymer Group Inc. (IPG), headquartered in Montréal, blamed a shortage of synthetic rubber for lower sales volumes in the second quarter this year. And the firm said high costs of raw materials, including SR, had a negative impact on the group’s results.

IPG achieved sales for 2005′s second quarter of $190.3 million, up 10.7 percent from $171.9 million for the same period last year, and reported net earnings of $5.4 million compared to $5.7 million for…

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