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Ashland Performance Materials, is increasing the prices of its Unsaturated Polyester Resins and gelcoats portfolio sold in Europe, the Middle East and Africa (EMEA) by 100 euros per ton effective February 1, 2012, or at the earliest possible time depending on individual customer contracts.
The pricing action is primarily driven by the continued rapid escalation in costs for key raw materials, specifically styrene and TiO2, at Ashland’s manufacturing units.
In more than 100 countries, the people of Ashland Inc. (NYSE: ASH) provide the specialty chemicals, technologies and insights to help customers create new and improved products for today and sustainable solutions for tomorrow. Their chemistry is at work every day in a wide variety of markets and applications, including architectural coatings, automotive, construction, energy, food and beverage, personal care, pharmaceutical, tissue and towel, and water treatment.
More information: www.ashland.com