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Cook Composites and Polymers and the US Composite Resins business of Hexion Specialty Chemicals will both increase prices in August.
CCP will make an $.08 per pound price increase for all gel coats, unsaturated polyester and vinyl ester resins. All materials packaged in steel containers will increase an additional .04 per pound. New pricing is effective with shipments made on or after August 4, 2008.
Hexion will increase prices of all Unsaturated Polyester and Vinyl Ester resins by $0.08 per pound effective for products shipped on / or after August 15, 2008.
Hexion say that this price increase reflects the continued escalation of energy and chemical intermediate costs.
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