“Lydall remains committed to reducing overall costs and making our operations more efficient through our One Lydall strategy and focused transformation initiatives,” said Lydall Performance Materials President Ashish Diwanji. “However, these extensive efforts are not enough to offset the sustained inflationary pressures that are widespread in today’s market. We must modify our pricing to ensure that we can continue to deliver the innovative products and high-quality, advanced materials our customers depend on to bring the world’s most essential products to market.”