Industry News

Reichhold Announces Price Increase for Unsaturated Polyester Resins Sold in US and Canada $ .06 per Pound Effective October 15

Published on 2004-09-24. Author : SpecialChem

Research Triangle Park, N.C. USA -- Reichhold announced a price increase of $ .06 per pound on all unsaturated polyester resins sold in the United States and Canada. It is effective for orders shipped on or after October 15, 2004. This is in addition to the increase which took effect September 6.

"Reichhold, like all polyester resin suppliers, continues to experience escalating costs for selected raw materials," said Reichhold North American Director of Composites Product Management Bill Schramm. "2004 has been an unprecedented year for the pricing of polyesters raw materials," Schramm said.

About Reichhold

Reichhold, with its world headquarters and technology center in Research Triangle Park, North Carolina, USA, is, together with its parent, Dainippon Ink & Chemicals (Tokyo, 4631) the world's largest manufacturer of unsaturated polyester resins and a leading coating and performance resins for the automotive, appliances, coatings, plastics, textile, construction, transportation, marine and graphic arts markets.

Reichhold has manufacturing operations throughout North America, Latin America and Europe. Founded in 1927, Reichhold's parent, Dainippon Ink & Chemicals (Tokyo, 4631) is also the world's largest producer of printing inks.

Source: Reichhold

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