The price increase of US$0.08/lb is effective for all orders shipped on, or after, 15 October.
“The prices of key raw materials used for the production of vinyl ester resins have increased to the point where these costs can no longer be absorbed,” reports Al Naser, Reichhold commercial vice president, Composites North America.
Reichhold, headquartered in Research Triangle Park, North Carolina, USA, is a manufacturer of unsaturated polyester resins and a supplier of coating resins for the industrial, transportation, building and construction, marine, consumer and graphic arts markets.