SAMPE 2003 Update

16 February 2003

The SAMPE 2003 Committee had selected Jens Hinrichsen of Airbus Industries as the SAMPE 2003 Keynote Address Speaker. The talk, entitled “The Airbus A380 Technology Platform: A Market Driver for Suppliers”, is aimed at typical SAMPE show attendees who are heavily involved in advanced composites.

Price Increases from Scott Bader, AOC and Reichhold

16 February 2003

Scott Bader, AOC and Reichhold have all announced price increases this week. From 1 March 2003, the Scott Bader Composites Business will be increasing its polyester resin and gelcoat prices by 100 Euro/T. The price increases will apply throughout Europe. The increases are due to the sustained high price of crude oil at over $30/barrel and the resulting strong upward movement in the price of styrene, the key component in polyester resins. Increases in the prices of other key raw materials such as phthalic and maleic anhydride and propylene glycol have compounded the situation. Prices are expected to climb further in the coming months.