Hexion Specialty Chemicals Increases Price for Unsaturated Polyester Resins
10 June 2008
10 June 2008
Hexion has said that all off-list prices for unsaturated polyester and vinyl ester resins will increase by $0.10 per pound effective for products shipped on / or after June 30, 2008
List prices will increase by $0.08 per pound. This price increase is in addition to the May 1, 2008 price increase. Hexion cite the high cost of oil and gas which has driven increases in petrochemical feed stocks, intermediate chemicals, energy, and freight fuel surcharges which can no longer be absorbed.