Reichhold to Raise Resin Price by EUR 80/Tonne in Europe

august 20 2012

Reichhold has announced a September price increase for all unsaturated polyester resins and vinyl ester resins in Europe. The price increase of EUR80/tonne is effective for all orders shipped on, or after, 1 September 2012.

“The persistent escalation of raw material prices continues to increase our costs, leaving us no choice but to raise our prices," says Alberto Piccinotti, Vice-President Commercial Europe, Reichhold. "Raw material costs are expected to remain volatile during the balance of 2012 and into 2013 given uncertainties in the global economies."

Reichhold has also announced a price increase US$0.05/lb for all unsaturated polyester, vinyl ester and flame retardant resins sold in North America for the composites industry. This takes place on 10 September

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