Reichhold Announces Price Hike for Composite Resins

Reichhold Inc. recently announced price increases of 5 cents per pound on all unsaturated polyester and vinyl ester resins sold in North America for the composites industry. The Research Triangle Park, N.C.-based company says the increase is effective for all orders shipped on or after December 17, 2007.

“Escalating crude oil prices have driven up the costs of many of the primary feedstocks used to produce raw materials for unsaturated polyester and vinyl ester resins,” explains Al Naser, Reichhold’s vice president of sales, Composites North America. “Several other factors driving feedstock pricing are strong demand in Europe and Asia combined with production outages that continue to plague the supply of selected materials.”

Reichhold says it is making every effort to limit the impact of raw material costs upon product pricing.

“We continue to invest in research and development, alternative materials and process improvements to meet the needs of our customers and the markets they serve,” Naser says.

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