Industry News

AOC Increases Prices on All Resin and Gel Coat Products

Published on 2005-02-23. Author : SpecialChem

AOC will increase prices by US $0.04 per pound on all resin and gel coat products sold in the United States and Canada shipped on or after March 15, 2005. This is in addition to the increase effective January 1, 2005.

Raw material costs continue to rise. Crude oil and natural gas are maintaining record high levels, resulting in more expensive feedstocks. Demand continues at a high rate causing shortages for some key materials, requiring purchases at higher rates on the open market. All situations increase manufacturing costs which impact the ability to maintain uninterrupted supply at current pricing.

AOC acknowledges its customers and their support for understanding these difficult times.

AOC continues to invest for the long-term growth and health of the composites industry by providing innovation and capacity to meet the growing demand. The company remains committed to offering customers the best overall value in the market place.

Source: AOC

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