NetComposites
Attwater

AOC to increase prices

26 January 2003

AOC will increase prices by US $0.04 per pound on all products, including resins, gel coats, pigments and b-sides in North America shipped on or after February 10, 2003.

According to AOC, the magnitude of December and January sharply higher energy and raw material price increases cannot be absorbed. Several global and regional events are involved.

- Instability of world oil supplies as affected by the Venezuelan crisis and immanent threat of war with Iraq.
- Higher natural gas prices resulting from a colder than normal winter and restricted supply after two hurricanes struck the Gulf Coast.
- Increases in styrene, PG, EG and DG

Events related to terrorist activities, possible war with Iraq, an impasse in Venezuela, and a cold winter are not resolved. These issues forebode more increases in energy and raw material supply. Some raw material suppliers announced increases of $0.06 per pound this week that are effective in February. These are not factored into this announcement.






Related / You might like...

Compcut 200 Increases Testing Productivity at Renault Sport Racing

Sharp & Tappin has installed and commissioned a Compcut 200 composite plate saw at Renault Sport Racing in Enstone, Oxfordshire, UK.

Intertronics Issues Advice on Specifying a Dispensing Robot

Intertronics has compiled a guidance note on how to specify a dispensing robot.

Electric GT’s Tesla P100DL Features Bcomp Flax Fibre Technologies

Electric GT Holdings and SPV Racing recently unveiled the race-ready version of the EPCS V2.3 Tesla P100DL at Circuit de Barcelona-Catalunya. The car features lightweight body parts made using Bcomp's ampliTex and powerRibs natural fibre composite reinforcement products, contributing to a 500 kg weight reduction over the road edition.