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Thermwood

AOC Announces Price Increases

03 January 2017

AOC has increased the price of its resins, gel coats and pigments effective for all orders shipped on or after 15th January 2017.  

The increase for resins is US$0.05/lb. for the US, and CND$0.15/Kg for Canada. The increase for gel coats and pigments is US$0.06/lb. for the US, and CND$0.175/Kg for Canada.

According to AOC, this action is due to continuing price pressure on critical raw materials. AOC’s global purchasing resources continue to work with their network of suppliers to manage costs and meet customers’ needs.

Further to this, AOC is also increasing the price of US$0.05/lb. for all products sold in Latin America, including Mexico and the Caribbean. This increase is effective for all shipments on or after 15th January 2017.

It explains that this action is due to continuing price pressure on critical raw materials.  AOC’s global purchasing resources continue to work with their network of suppliers to manage costs and meet customers’ needs.

 






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