Consumables

Reichhold Announces Price Increase on Unsaturated Polyester Resins, Vinyl Ester Resins, Gelcoats and Bonding Pastes for European Composites Industry

Wednesday 19. September 2012 - Effective on all shipments as of October 01st, 2012

Reichhold announced today a price increase effective for all orders shipped on or after October 1, 2012 in Europe of 100 EUR/MT on all unsaturated polyester resins, gelcoats, bonding pastes and vinyl ester resins.
Alberto Piccinotti, Vice-President Commercial Europe stated “Raw Material prices continue to be difficult to predict and their further sharp and sudden increase leave us no choice but to raise our prices immediately. Raw material costs are expected to remain volatile for the foreseeable future given uncertainties in the global economies. 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 upon product pricing and supply.”