NetComposites
Attwater

Prices for Glass Fibre Reinforced Plastics Rise across a Broad Front

29 November 2004

The precursors of the raw materials used in the manufacture of SMC, BMC and GRP parts have undergone explosive price increases in the past few months.

According to a report on price increases by the AVK-TV (German Composites Federation for Reinforced Plastics), the prices for precursors used in the manufacture of unsaturated polyester resins, one of the major raw materials for SMC/BMC, have increased up to 40% since the beginning of the year. One of the major factors contributing to this problem, other than the high oil prices, is problems concerning the supply of important base chemicals such as benzene, where the capacity is tight.

Raw material manufacturers are being obliged to pass on part of the raw material price increases to their customers. As a result, price increases are exoected for SMC/BMC of around 15-20% and 6-8% for finished parts.

The manufacturers of fibre reinforced thermoplastics, especially GMT and LFT, find themselves in a similar situation. The cost increases for these products in the past months were instigated by increases in the price of polypropylene following a drastic rise in the C3 price. As a result, AVK-TV see cost increases of 13 – 15% for these products as well.

Passing on raw material price increases is problematic. Dr. Uwe Bültjer, managing director of the AVK-TV, is concerned about the effect of large price increases on the mainly middle sized SMC/BMC manufacturers and part producers, who may be caught between the conflicting pressures of raw material and automobile manufacturers, which could quickly result in financial difficulties.






comments powered by Disqus

Related / You might like...

ACMA Champions Policies to Advance Composites in Infrastructure

At the American Composites Manufacturers Association (ACMA)'s third annual Infrastructure Day on 6-7 February 2018 34 ACMA members joined together to meet with over 100 Members of Congress and their staffs to advance legislation to drive investment in innovative material solutions for transportation, water and energy infrastructure.

Composite Sculpture Fronts Australian Shopping Centre

Shoppers visiting the newly redeveloped Halls Head Central Shopping Centre will be greeted by a 3.5 m x 2.5 m core composite spiral ribbon representing the logo of one of the centre's owners.

KraussMaffei adds Rebar Pultrusion System to TechCentre

KraussMaffei is expanding its expertise in the field of pultrusion, the process for continuously manufacturing fibre reinforced plastic (FRP) components, with the commissioning of a second pultrusion system at its TechCentre in Munich, Germany.