The 5% price increase on all products sold in Europe will come into effect on 15 June.
Reichhold says that the reasons for this increase are rising prices of crude oil, feedstock and main raw materials, together with the need to restore margins to a minimum level required to offset fixed cost and to support investments.
Headquartered in Research Triangle Park, North Carolina, USA, Reichhold manufactures unsaturated polyester resins for the composites industry.