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AOC, the world leader in resin technology announces price increase for Europe, Canada and USA.
AOC announces a price increase in the amount of €100 metric ton for all products sold in Europe, with an implementation date on March 15, 2013.
And also a price increase for all vinyl ester products in the amount of US$0.06/lb in the U.S. and CN$0.14/kilo in Canada for all products shipped on or after March 16, 2013.
The increase is due to recent significant cost pressures for both feedstock materials and the raw materials that are correspondingly used to produce vinyl ester resins. Specifically, feedstock price increases for benzene and propylene, and additional increases for epoxy and methacrylic acid, have contributed to this need. AOC will continue to work with supply partners to manage these costs and meet customers’ needs.
More information: www.aoc-resins.com