Prices in the USA will go up by US$0.08/lb and in Canada by US$0.18/kg. Both price increases are effective for shipments on and after 31 August 2009.
AOC, headquartered in Collierville, Tennesse, USA, is a global supplier of resins, gel-coats and other products for the composites and cast polymers industries.
The company says that crude oil prices have more than doubled since February 2009 and major raw materials used to produce unsaturated polyester resin, gel-coats and vinyl ester resin have experienced supply issues.