Price Increases

Reichhold to hike costs on resins for composites industry in North America

January 24, 2012

Reichhold, Inc. announced a price increase of $0.08 per pound on all unsaturated polyester resins, vinyl ester resins and flame retardant resins sold in North America for the composites industry. This increase is effective for all orders shipped on or after February 15th.

"Escalating raw material prices and limited supply of some raw materials continue to increase our costs, leaving us no choice but to raise our prices," said Bill Schramm, vice president commercial North American composites. "Raw material costs are expected to rise continually through the first quarter primarily the result of numerous planned outages and increased demand.

"Crude oil continues to trade over $100 per barrel and the cost spread between oil and natural gas continues to favor the latter which yields less propylene available for conversion to many composites raw materials," Schramm said.

Related Raw Materials:

blog comments powered by Disqus
  • Resins Suppliers Directory

    Resins Suppliers Directory

    July 24, 2012
    Here is a look at the latest offerings from resins suppliers. For more information on the products listed, please contact the company directly.

  • The Resins Market

    The Resins Market

    Tim Wright, Editor||April 19, 2012
    Resins suppliers reported modest recovery in 2011 and are optimistic that these improvements will continue into 2012.

  • Radcure Raw Materials and Equipment Directory

    Radcure Raw Materials and Equipment Directory

    August 15, 2011
    Here is a look at the latest offerings from radcure raw material suppliers. For more information on the products listed, please contact the company directly.

  • NDSU Researchers Develop Bio-based Technology from U.S. Grown Crop Materials

    NDSU Researchers Develop Bio-based Technology from U.S. Grown Crop Materials

    August 10, 2011
    U.S. grown agricultural crops such as sugar beets, sunflowers, flax and soybeans could play a major role in a game changing bio-based green coatings technology developed by North Dakota State University researchers.