Raw material scarcity prompts price hike at Tarkett: "We were forced to bring resin from overseas...we can not offset the price difference, " company says

In a move that the company says is tied to a scarcity of PVC resin in the United States, Tarkett Commercial said it will increase the price of its commercial vinyl composition tile (VCT) products and some commercial sheet vinyl by 5 to 7 percent beginning Feb. 1. The news follows a similar announcement from Armstrong.