Polyester resins and gel-coats will increase by US$0.06/lb, and vinyl ester resins will increase US$0.09/lb. The price increase is effective on all shipments on, and after, 30 January 2010.
According to AOC, headquartered in Collierville, Tennessee, USA, the drivers for this increase include rising energy and feedstock prices that have resulted in high raw material price increases.