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The company announces a price increase on unsaturated polyester resins and vinyl ester resins of $0.07 USD per pound including: DION, NORPOL and HYDREX resins.
Reichhold announces a price increase today of $0.07 USD per pound on all DION, NORPOL and HYDREX resins. Additionally, all unsaturated polyester resins will increase $0.04 USD per pound. The selling price increase applies to all products sold in the United States and is effective for all orders shipped on or after February 19th.Bill Schramm, Vice-President Commercial North American Composites stated, “Recent increases to the cost of feed stocks for raw materials leave us no choice other than to raise our selling prices. We continue to aggressively work with our suppliers to mitigate these increases and appreciate the understanding of our customers as we continue do everything possible to limit the impact of rising costs and limited raw material availability upon product pricing and supply.”More information: www.reichhold.com