AOC has announced a price increase of €100 per ton for its unsaturated polyester resins (UPR) portfolio and €150 per ton for its epoxy vinyl ester (VE) portfolio sold in Europe, Middle East and Africa.
The price increase will take effect for all new deliveries after 1 February 2021 or as soon as contracts allow, the company said.
‘The pricing of liquid epoxy resin (LER) and other key raw materials has seen continued increases over the past months following outages across the globe,’ said Fons Harbers, vice president marketing & sales EMEA. ‘Also logistics costs have been increasing steadily. This leaves us no choice but to raise the prices of our products as a result.’
This story uses material from AOC, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.