announced a price increase of €350 per ton for its entire UPR portfolio and €450 per ton for its entire Epoxy Vinyl Ester (VE) portfolio sold in Europe, Middle East and Africa.
The price increase will take immediate effect for all new orders or as soon as contracts allow, according to AOC.
This price increase is in addition to the increases that were previously announced, the company said.
“The pricing of Styrene, Maleic Anhydride, Liquid Epoxy Resin (LER), and other key raw materials has seen continued increases over the past months following outages across the globe and force majeure declarations in Europe. Also, logistics and packaging costs have been increasing steadily. This leaves us no choice but to raise the prices of our products as a result,” said Fons Harbers, VP marketing & sales EMEA of AOC.