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Reichhold will be making a price increase of $0.08 per pound on all vinyl ester resins sold in North America for the composites industry.
This increase is effective for all orders shipped on or after October 15.
“The prices of key raw materials used for the production of vinyl ester resins have increased to the point where these costs can no longer be absorbed”, said Al Naser, Reichhold commercial vice president, Composites North America. “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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