Ashland to Raise Resin Price by EUR 75/Tonne in Europe

august 20 2012

Ashland Performance Materials has announced a September price increase for its Derakane epoxy vinyl ester resins, unsaturated polyester resins and gel-coats sold in Europe, the Middle East and Africa. The price increase of EUR75/tonne will take effect on 1 September 2012.

Ashland reports that this price increase is primarily driven by the continued escalation in costs for key raw materials at Ashland’s manufacturing units.

This follows Reichhold's announcement of a 1 September price increase of EUR80/tonne for its unsaturated polyester resins and vinyl ester resins in Europe.

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