Industry News

Reichhold Announces List & Off-List Price Increases on Moisture Cure Urethanes Sold in North America

Published on 2005-10-27. Author : SpecialChem

Research Triangle Park, NC -- Reichhold announces list and off-list price increases for moisture cure urethanes sold to the coatings industry in North America, effective November 15th, 2005 or as contracts allow. These products are marketed under the UROTUF® trademark. All orders shipped on or after November 15th, 2005 will reflect a $0.15 to $0.22 per pound increase in price.

"Raw material increases, escalating energy costs, and the increased cost of transportation necessitate passing these increases on to our customers at this time, said Julie Fuell, Business Manager for Reichhold's Moisture Cure Business." "These price actions are necessary to continue to meet uninterrupted supply to our customers."

The precise amount of the increase will be determined per product based on the effect of raw materials on the specific products. Increases for customers that are under contract will become effective based on the specific conditions of their contract.

About Reichhold

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, the Middle East and Europe.

Source: Reichhold

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