Following price increases by both Reichhold & AOC Resins, Ashland Performance Materials have announced that they are increasing the prices of its complete portfolio of unsaturated polyester resins and gelcoats sold in Europe, the Middle East and Africa by 100 Euro per ton. This increase will take effect Feb. 1, 2013, or at the earliest possible timing depending on customer contracts.
The pricing action is primarily driven by the continued escalation in costs for key raw materials at Ashland’s manufacturing units. Responding to changing market conditions allows Ashland to continue to provide innovative products and industry-leading support that add value for customers.[connections id=’37’]