The price increase of US$0.08 (CDN$0.17) is effective on all shipments on, and after, 3 May 2010.
According to AOC, feedstocks for producing vinyl ester resins, unsaturated polyester resins and gel-coats are experiencing unprecedented raw material price increases due to manufacturing issues that have resulted in force majeure and sales control.
AOC, headquartered in Collierville, Tennessee, USA, is a global supplier of resins, gel-coats, colorants, additives and synergistic material systems for composites and cast polymers.