RESEARCH TRIANGLE PARK, N.C., Jan. 14 – Reichhold announced today a price increase effective for all orders shipped on or after February 1, 2013 in Europe of 90 EUR/MT on all unsaturated polyester resins, vinyl ester resins and ancillary products.
Alberto Piccinotti, Vice-President Commercial Europe stated, “The sharp increase in raw material prices leave us no choice but to raise our prices immediately. Raw material costs are expected to remain volatile for the foreseeable future given uncertainties in the global economies. We appreciate the understanding of our customers as we continue doing everything possible to limit the impact of rising costs and limited raw material availability upon product pricing and supply.”
Founded in 1927, Reichhold, with its world headquarters and technology center in Research Triangle Park, North Carolina, USA, is one of the world’s largest manufacturers 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 All standard Reichhold resin products for composites, for both reinforced and non-reinforced applications
HYDREX High-performance vinyl ester resins designed specifically for excellent hydrolytic stability in applications such as boat building and spa manufacturing
NORPOL Compounded products, chiefly gelcoats and bonding pastes; also the brand for LP-additives for SMC/ BMC and pultrusion
DION Industrial resin products (especially vinyl ester resins), including those for corrosion-resistant, flame-retardant and pultrusion applications; also the brand for higher performance polyester resins across all markets
ENVIROLITE “GREEN” products containing renewable and/or recycled materials