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Ashland and Resolution Performance Products Issue First Resin Price Increases for 2005

16 January 2005

Ashland Composite Polymers and Resolution Performance Products have issued resin price increases for the North America Region.

Ashland Composite Polymers is increasing the price of its vinyl ester resins by 10 cents per pound and unsaturated polyester resins, gel coats and low profile additives by 6 cents per pound for North American customers.

This adjustment, announced in late December, impacts both list and off-list pricing, will be effective with shipments on and after Jan. 1, 2005, and is in addition to all previously announced increases.

Effective February 1, 2005, or as contracts allow, Resolution Performance Products LLC will increase the off-list prices of following products in the Americas:
EPON(TM) Brominated Epoxy Resin Solutions 15 cpp (cents per pound)
EPIKURE(TM) Curing Agents 10 cpp

Additionally, RPP will increase list and off-list prices of EPIREZ Waterborne resins by 10 cents per pound.

As previously announced, RPP will continue to eliminate off-list prices on EPON Epoxy Resin Solutions and EPON Epoxy Resin Blends.