RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Reichhold, Inc. announced a price increase today of $0.06 USD per pound on all unsaturated polyester resins, vinyl ester resins and flame retardant resins sold in the United States and Canada for the composites industry. This increase is effective for all orders shipped on or after February 1, 2013.
Bill Schramm, Vice-President Commercial North American Composites stated “Persistent volatility of feed stocks for raw materials leaves us no choice other than to raise our selling prices. Raw material costs are expected to remain volatile during 2013. 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.”
Reichhold Corporate Communications
Founded in 1927, Reichhold, with its world headquarters and technology center in Research Triangle Park, North Carolina, USA, is the world’s largest manufacturer of unsaturated polyester resins and a leading supplier of coating resins for the industrial, transportation, building and construction, marine, consumer and graphic arts markets. Reichhold has manufacturing operations throughout North America, Latin America, Europe, the Middle East and Asia.
Reichhold’s composite brands are:
POLYLITE® Reinforced and non-reinforced applications
HYDREX® High performance resins designed specifically for excellent hydrolytic stability in applications such as boat building and spa manufacturing
NORPOL® Compounded products such as gel coats and bonding pastes
DION® Industrial and infrastructure resin products (previously branded ATLAC)
ENVIROLITE® “GREEN” products containing renewable and/or recycled materials