Molding Products to Increase Sheet Molding Composite (SMC) Products Price by $0.03 Per Pound

Septemebr 24 2012

Darrell Young, National Sales Manager of Interplastic Corporation’s Molding Products Division (MPD) announced that the price of its sheet molding composite (SMC) products is increasing by $0.03 per pound. The price will go into effect on all shipments on or after October 15, 2012.
“We have received price increases from our major raw material suppliers throughout the first half of 2012 and now into the third quarter of 2012,” explained Mr. Young. Young also noted that continued tight supply and strong overseas markets have put upward pressure on the price of several key raw material streams including pigments, fillers, polyester resin, and styrene monomer which are key ingredients in SMC.

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