Reichhold says the price increase for unsaturated polyester resins will be US$0.05/lb.
The price increase for vinyl ester and modified vinyl ester resins will be $0.07/lb, and for flame retardant resins the increase will be up to $0.75/lb, depending on the specific formulation.
This increase is effective for all orders shipped on, or after, 5 July 2011.
“Escalating raw material prices, particularly those used in epoxy and halogen based products, freight rates and energy costs coupled with limited supply of some raw materials continue to escalate our costs, leaving us no choice but to raise our prices once again," explains Bill Schramm, Reichhold Director Global Business Development.