Reichhold, AOC and Dow Announce Price Increase

22 September 2003

Reichhold will increase prices by $.04 per pound on all unsaturated polyester resins sold in the U.S., Canada and Mexico, AOC will increase prices by $0.04 per pound on all resins and $0.05 per pound on gel coats and pigments in the United States and Dow will increase the North American price of all grades of acetone by $0.04 per pound, and all grades of phenol by $0.03 per pound.

“We had hoped there would be softening in raw materials which would have precluded the need for this increase,” said Ken Moran, Reichhold director of sales, North America & Mexico. “However, we have not seen those expected decreases and many of our raw materials suppliers have further increased price.”

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