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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 75 euros per ton.
The increase will take effect Sept.1, 2012, or at the earliest possible time depending on individual 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