NetComposites
Airtech

AOC to Make Price Increase for Asia

19 December 2007

AOC will make a USD $0.10 per kg price increase for all products shipped to customers located in Asia, effective on and after Tuesday, January 1, 2008.

According to AOC, new record high prices for West Texas Intermediate (WTI) as traded on the NYMEX occur frequently. WTI is approaching $100 per barrel in recent days, which is a 30 to 40% increase in pricing from what was seen in the summer months. In spite of record Natural Gas in storage, NG is following crude oil prices up at a time of year where prices should be falling. These critical feed stocks used to make the raw materials for Unsaturated Polyester Resin have risen based on unprecedented energy demand and the trend will continue as raw material increases lag crude oil price changes.






Related / You might like...

Scigrip Appoints Biesterfeld Distributor to French Markets

Scigrip has expanded its agreement with Biesterfeld Spezialchemie to include France and the French territories in Northern Africa, with immediate effect.

EconCore Presents Developments in Thermoplastic Honeycomb Core Technology

EconCore will unveil the latest developments in its thermoplastic honeycomb core production technology at NPE2018 on 7-11 May in Orlando, Florida, US.

Advanced Engineering Celebrates 10 Years with a Bigger Show and More Industries Covered

Advanced Engineering 2018, the UK exhibition for advanced engineering professionals, is celebrating its 10th birthday by being bigger and better than ever, according to show organiser Easyfairs.