USA : Reichhold to raise Unsaturated Polyester & Vinyl Ester Resins prices

Reichhold Inc announced price increases of $ 0.05 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 December 17.
“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,” said Al Naser, Reichhold 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,” Naser continued.
“Reichhold is making every effort to limit the impact of raw material costs upon product pricing, and appreciates the understanding of its customers,” Naser said.
“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,” he concluded.