Reichhold Announces Price Increase on Vinyl Ester Resins Sold in North America
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Reichhold, Inc. announced price increases of $ 0.05 per pound on all vinyl ester resins sold in North America to the composites industry. This increase is effective for all orders shipped on or after November 6.
"The escalating costs of raw materials used to manufacture vinyl ester resins have necessitated this price increase," said Al Naser, Reichhold Vice President of Sales, Composites North America. "Furthermore, the relationship between raw material feedstock supply and demand is controlling raw material pricing, effectively decoupling them from their crude oil and natural gas sources."