NetComposites
Thermwood

AOC Announces Price Increase for US and Canada

28 January 2014

AOC has announced a price increase of US$0.04/lb in the U.S. and CN$0.09/kilo in Canada for all polyester resin, gel coat and pigment products. 

Additionally, there will be a price increase of US$0.06/lb in the U.S. and CN$0.13/kilo in Canada for all vinyl ester products.  These increases are effective for all products shipped on or after February 21, 2014. 

The company explains that this action is due to recent increases in AOC’s raw material costs.

These raw material costs are driven by the surge in petrochemical feedstocks, specifically aromatics and olefins such as benzene, propylene and ethylene.  In addition, natural gas prices have risen with each winter storm, further increasing the costs to produce petrochemicals and resins.  AOC’s global purchasing resources continue to work with their network of suppliers to manage costs and continue to meet customers’ needs.