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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, unsaturated polyester resins and gelcoats sold in Europe, the Middle East and Africa (EMEA) by 100 euros per ton.
This increase, which is effective immediately or at the earliest possible time depending on customer contracts, is in addition to the identical price increase which was announced on Aug. 16 and took effect Sep. 1, 2012.
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.