CCP Announces a Price Increase for Gelcoats, Polyester Resins, Putties & Ancillary Items

27-Jan-2003
CCP has announced a price increase on all list and off list unsaturated polyester resins, gel coats, putties, and ancillary items. Gel coats, putties and ancillary items will increase $0.04/lb effective January 27, 2003. Unsaturated polyester resins will increase $0.04/lb effective February 10, 2003. These increases include shipments on or after the effective date. Upward movement of major raw material feedstocks used in the production of both unsaturated polyester resins and gel coat plus continued increase in environmental compliance costs along with increase packaging costs necessitates these increases. raw materials that have seen significant increases in the past few months include styrene monomer, methyl methacrylate, glycols and titanium dioxide. Additional raw material increases are expected for the remainder of the first quarter and into the second quarter.

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