Reichhold Announces List and Off-List Price Increases on Epoxy Coating Products in North America

20-Feb-2007

Reichhold, Inc. announced a price increase for epoxy resin and epoxy resin solution coating products sold in North America shipped on or after March 1, 2007. Prices on all epoxy resin and epoxy resin solution coating products will increase by $ 0.08 per pound or as contracts allow. This increase is driven by the continuing cost escalation of the raw materials going into these products. EPOTUF® epoxy esters and curing agents will not be affected.

"We have continued to experience significant increases in the raw materials for most of our epoxy products," said Eric Dumain, Reichhold business manager for specialty coatings resins. "Reichhold has absorbed these increases for some time, but must now make these pricing adjustments."

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