Ashland Announces Price Increase on Composites Resins and Gelcoats in North America Effective January 1, 2018
DUBLIN, OHIO - DECEMBER 07, 2017 - Ashland announced today that effective January 1, 2018, or as contracts allow, it will increase the price of its complete portfolio of unsaturated polyester resins, epoxy vinyl ester resins and gelcoats in North America as follows:
- Epoxy vinyl ester resins will increase by $0.07/lb.
- Unsaturated polyester resins will increase by $0.05/lb.
- Isophthalic based unsaturated polyester resins will increase by $0.04/lb.
- Gelcoats and pigments will increase by $0.04/lb.
This increase is primarily driven by continued escalation of costs in key raw materials. Ashland continues to make these decisions with the intent to ensure we are servicing our customers with the utmost quality and performance and the ability to continue reinvesting in our product line.
About Ashland
Ashland Global Holdings Inc. (NYSE: ASH) is a premier global specialty chemicals company serving customers in a wide range of consumer and industrial markets, including adhesives, architectural coatings, automotive, construction, energy, food and beverage, personal care and pharmaceutical. At Ashland, we are approximately 6,500 passionate, tenacious solvers – from renowned scientists and research chemists to talented engineers and plant operators – who thrive on developing practical, innovative and elegant solutions to complex problems for customers in more than 100 countries. Visit ashland.com to learn more.
