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Composites Industry News

News for November 2010


Flexadux Switches to Urethane Acrylate Resin

26th November 2010 0 comments

Flexadux Plastics has switched to Scott Baders Crystic Crestapol 1214 pultrusion resin as part of their continuous improvement and product innovations program.

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Price Increase on Reichhold Resins in North America

26th November 2010 0 comments

Reichhold is increasing prices by $0.06 per pound on all unsaturated polyester and vinyl ester resins sold in North America for the composites industry. This increase is in addition to all previously announced price increases and is effective for all orders shipped on or after December 20. Key raw material prices continue to escalate beyond our ability to absorb these additional costs and a price increase is necessary, said Al Naser, Reichhold commercial vice president, Composites North America. Critical feedstock prices have risen driven by the price of crude oil; feedstock demand has increased in China; and supply restrictions due to operating difficulties in several regions of the world have all contributed to apply upward pressure on the prices of many of our key raw materials, Naser continued. Furthermore, the continued spread between natural gas and crude oil prices has caused the yields of critical feedstocks to be significantly reduced at many North American refineries, Naser added. We appreciate the understanding of our customers as we work to minimize the impact of rising costs upon product pricing, Naser added. At the same time we are making the investments necessary to continue the supply of innovative and high quality products and services which add value for our customers and increase their competitiveness in the markets they serve, he concluded.

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Price Increase for DSM Neoxil range of Sizing & Binders

26th November 2010 0 comments

DSM Composite Resins is increasing the price of its complete range of Neoxil Sizings & Binders by 15% with effect from January 1, 2011. The continuous rise of raw material costs, energy and transportation costs in the last two years in combination with our to strategic intent to continue guaranteeing full commitment to the glass fiber industry worldwide by providing sustainable innovation, security of supply, continuous high level of product quality and dedicated service, makes this price increase unavoidable, explains Mauro Abagnale, Business Manager Neoxil.

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Price Increase for CoREZYN and Silmar Products (1)

26th November 2010 0 comments

Interplastic Corporations Thermoset Resins Division is raising the price of CoREZYN and Silmar brand products $.06 per pound on all polyester and vinyl ester resins, gel coats, colorants and putties. This increase will take effect on all shipments on or after December 18, 2010. They say that continued tight supply and strong overseas markets in several key raw material streams including acids, glycols and styrene monomer are the key drivers for this increase. According to Interplastic, basic raw materials are expected to continue rising into the new year and these costs can no longer be absorbed.

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