Consumables
Reichhold Announces Price Increase on Unsaturated Polyester Resins and Vinyl Ester Resins Sold in North America
Thursday 21. April 2011 - $ 0.08 per Pound Effective May 16, 2011
Reichhold, Inc. announced a price increase today of $0.08 per pound on all unsaturated polyester and vinyl ester resins sold in North America for the composites industry. This increase is effective for all orders shipped on or after May 16.
John Gaither, CEO of Reichhold stated, “Escalating raw material prices, freight rates and energy costs coupled with limited supply of some raw materials continue to drive up our costs in an unrelenting fashion, leaving us no choice but to raise our prices once again. We appreciate the understanding of our customers as we work to limit the impact of rising costs and limited raw material availability upon product pricing and supply.”