14 October 2005
14 October 2005
A further round of resin price hikes are to be made by resin producers, Reichhold, Hexion, PPG and DOW.
Reichhold are to make a price of $ 0.09 per pound for its unsaturated polyester resins and other products sold to the composites industry in North America. This increase is effective for all orders shipped on or after November 1, 2005. This is in addition to the previously announced increase which took effect October 1.
The Composite Polymers business of Hexion Specialty Chemicals are to make a price increase of $0.09 per pound for all Unsaturated Polyester and Vinyl Ester resins. The increase is effective for all products shipped on / or after, November 1, 2005.
PPG Industries will raise prices 6 cents per pound Nov. 1 for all fibre glass shipments in North and South America.
The Epoxy Products and Intermediates (EP&I) business of The Dow Chemical Company is increasing prices for its Glycidyl Methacyrlate (GMA) by 8 percent, and for Hydroxyethyl Acrylate (HEA) and Hydroxypropyl Acrylate (HPA) by 10 percent across all regions. The increase is effective November 1, 2005, or as contract terms allow.
All companies said the increases are necessary to help offset the persistent increases in energy and raw material costs.
Continental Structural Plastics (CSP), along with its parent company Teijin, were honoured by General Motors with the automakers Innovation Award at its 27th Annual Supplier of the Year awards ceremony held in Warren, Michigan, US.
The product portfolio of BÜFA Thermoplastic Composites continues to grow.
Preparations are in progress for the resumption of the activities of the FIM Enel MotoE World Cup after the setback last March, when a fire in Jerez destroyed much of the material for the MotoE, Ego Corsa machines included.