Reichhold Announces Price Increase for Composites Products in North America
"This increase has been necessitated by escalation of the costs of key raw materials which comprise unsaturated polyester resins due to increased and sustained crude oil prices as well as tightness of supply for ethylene and propylene and their derivatives as a result of a fire in April at the Huntsman Port Arthur, Texas olefins manufacturing plant," said Al Naser, Reichhold Vice President of Sales, Composites North America.
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