Scott Bader adds that the price increase will be implemented by latest 1st August 2014, subject to existing customer contracts.
“A combination of various raw materials being in short supply and oil price increases have resulted in traders and manufacturers pushing up rates over spring and summer months. We cannot continue to absorb these significant costs and regrettably have no choice but to implement this price increase.” commented Michel Toeroek, European Sales Manager for Scott Bader Composites Europe.