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Ashland Performance Materials, a commercial unit of Ashland Inc., is increasing the prices of its complete portfolio of epoxy vinyl ester resins in Europe, the Middle East and Africa by 100 euros per ton.
This increase will take effect April 1, 2013, or at the earliest possible timing depending on customer contracts.
The pricing action is primarily driven by the continued escalation in costs for key raw materials at Ashland's manufacturing units. Responding to changing market conditions allows Ashland to continue to provide innovative products and industry-leading support that add value for customers.
Ashland Performance Materials is the global leader in unsaturated polyester resins and epoxy vinyl ester resins. In addition, it provides customers with leading technologies in gelcoats, pressure-sensitive and structural adhesives, coatings and elastomers.
More information: www.ashland.com