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Ashland Performance Materials, a commercial unit of Ashland Inc., announced it will increase South American prices for unsaturated polyester resins, epoxy vinyl ester resins and gelcoats sold into the composites market by USD $0.17 per kilogram.
The new prices will be effective beginning Sept. 1, 2012, or as contracts allow.
The company attributed the price increase to continued escalation in costs for key raw materials and production of these products. Responding to these changing market conditions allows Ashland to continue investing in the support and growth of the market and our customers.