AOC has announced a price increase of US$0.05 per lb for all its products sold in Latin America. This increase is effective for all shipments on or after January 14, 2018.
It has also reported an increase of USD$0.04 per lb and CND$0.115 per kg for all unsaturated polyester resins, gel coat and pigment products in the USA and Canada respectively and USD$0.07 per lb and CND$0.20 per kg for all vinyl ester resins in the USA and Canada respectively.
According to the company, the action is due to recent increases in key raw materials with additional increases taking effect in January, 2018. ‘AOC’s global purchasing resources continue to work with their network of suppliers to manage costs and meet customers’ needs,’ the company said.
This story is reprinted from material from AOC, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.