Reichhold reports that the price of polyester and vinyl ester resins will increase by €100/tonne and the price of gel-coats and bonding paste resins by €150/tonne for orders shipped on, or after, 1 February 2012, in Europe.
This price increase is a result of the increasing prices of key feedstock and raw materials, says Reichhold. The company says that while these volatile raw material market conditions continue, it will revise its specific product prices with individual customers on a monthly basis. Reichhold, headquartered in Research Triangle Park, North Carolina, USA, is a supplier of unsaturated polyester resins and coating resins for the industrial, transportation, building and construction, marine, consumer and graphic arts markets.