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CCP Announces Change for Coatings Pricing

Published on 2005-01-12. Author : SpecialChem

KANSAS CITY, MO -- Cook Composites and Polymers will implement price changes affecting three categories of its coatings and industrial resins products. All off-list pricing will be terminated for acrylic solution resins and acrylic emulsions. Base pricing in North America for these two types of resins will increase by $0.05 per pound.

According to Dan Kile, Vice President of Polymers for CCP, these increases are prompted by instabilities in the acrylic raw materials markets, which may make it necessary for CCP to initiate sales controls. Pricing will also increase by $0.05 per pound for CCP's polyesters-based coatings resins. "Supply and demand problems have been strongly affecting everyone in our business for the past year," commented Mr. Kile. "In keeping with our commitment to provide the best in products and services to our customers, CCP has worked diligently not only to hold down costs and to limit pricing changes, but also to keep our customers informed, so that they can in turn manage these changes."

Headquartered in Kansas City, Missouri, with manufacturing facilities throughout the United States, Canada and Mexico, CCP is--along with associated companies Cray Valley and Sartomer--the second largest producer of coatings resins in the world, as well as the world's largest and leading producer of polyester gel coats. The company has the largest distributor network for composites and cast polymers in North America.

Peninsula Polymers, LLC, CCP's distributor partner for coatings resins products, is based in Overland Park, Kansas, and has distribution centers in California, Georgia, Indiana, Kansas, Michigan, Missouri, Oregon, New Jersey, and Texas.

Source: Cook Composites and Polymers


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