Ashland to up resin and gelcoat prices w.e.f. May

17-Apr-09
Ashland Performance Materials, a commercial unit of Ashland Inc., is increasing the price of all unsaturated polyester resins and gelcoats sold in Europe and Asia Pacific regions by 3 to 4% effective May 1, or at the earliest possible time thereafter depending on individual customer contracts. This price increase is driven by the recent, substantial increases in costs for certain key raw materials, including styrene. Ashland Performance Materials is the global leader in unsaturated polyester resins and epoxy vinyl ester resins. In addition, it provides customers with leading technologies in gelcoats, pressure-sensitive and structural adhesives, and metal casting consumables and design services.
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