ROTTERDAM, Netherlands--(EON: Enhanced Online News)--Reichhold announced today price increases effective for all orders shipped on or after February 01, 2017, in Europe of 50 EUR/MT on all unsaturated polyester and vinyl esters resins.
Price increase applied to gelcoat products will be 100 EUR/MT due to even more significant cost escalation of specifically used raw materials.
All these increases are driven by continued rises in the cost of key raw materials and are in addition to the ones announced on December 02, 2016, and effective as of January 02, 2017.
We appreciate the understanding of our customers as we continue doing everything possible to limit the impact of rising costs and limited raw material availability on our product pricing and supply.
Reichhold Corporate Communications
Founded in 1927, Reichhold, with its world headquarters and technology center in Research Triangle Park, North Carolina, USA, is one of the world’s largest manufacturers of unsaturated polyester resins and a leading supplier of coating resins for the industrial, transportation, building and construction, marine, consumer and graphic arts markets. Reichhold has manufacturing operations throughout North America, Latin America, Europe, the Middle East and Asia.
Reichhold’s composite brands are:
ADVALITE™ Specialty vinyl hybrid liquid and monomer free hot melt prepreg resin products for the Advanced Composites Market
POLYLITE® All standard Reichhold resin products for composites, for both reinforced and non-reinforced applications
HYDREX® High-performance vinyl ester resins designed specifically for excellent hydrolytic stability in applications such as boat building and spa manufacturing
NORPOL® Compounded products, chiefly gelcoats and bonding pastes; also the brand for LP-additives for SMC/BMC and pultrusion
DION® Industrial resin products (especially vinyl ester resins), including those for corrosion-resistant, flame-retardant and pultrusion applications; also the brand for higher performance polyester resins across all markets
ENVIROLITE® “GREEN” products containing renewable and/or recycled materials