Price Adjustment Effective February 1, 2023
At BEKO Technologies, we have a corporate philosophy that includes being a strong and reliable partner, and a guiding vision of customer focus, which are benchmarks for our collective work. And while these are just individual bricks in the complete foundation that is BEKO Technologies, both notions entail being transparent with our customers. In which case, we would like to introduce our new 2023 Price Book in advance of the next effective list price date of February 1, 2023.
As you know, BEKO Technologies has often taken a contrarian approach to raising list prices and has maintained this kind of thinking for many years by limiting price increases to just every two years, as opposed to annually, even reducing prices when possible. We price our products for the service, value, and innovation that we deliver as a company, and while we are now reigning in, controlling, and stabilizing our input costs more so than in recent years, there is a modest price increase of an average of 4.9%. The range is between 2.9% and 6.9% where only some products (including heated desiccant dryers and flanged filters) that were not subject to any previous price increase received an increase of between 5.9% and 9.9%, BUT we have kept all our products price competitive for you in our common market.
As we continue to navigate the various ups and downs of global and local economies, we certainly recognize that there are improvements being made in a variety of sectors, and in keeping with the theme of improvements, within this price book we would like to introduce you to the newly re-designed DRYPOINT® XF line of blower operated, heated desiccant dryers, a completely new mobile leak detector from our METPOINT® line, and brand new BEKOKAT® hydrocarbon removal systems. And as previously promised, within the next year we will launch the all-new 2024 DRYPOINT® RA Gen3 refrigeration dryer line, as well as the all-new 2024 QWIK-PURE® range of oil-water separators. These launches are something we can all get excited about and will only increase the value and strength of our partnership and collaboration throughout the years. We continue to see strong demand and growth, which we are grateful for, and that cannot be achieved without you the customer. You have our most sincere thanks for your continued support, cooperation, and understanding, and please don't hesitate to contact us any time.