The new pricing becomes effective Feb. 1, 2014, or as contracts allow. The pricing adjustment is driven by increasing costs of key raw materials, including benzene, propylene and acetone.

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The price increases will be made to compensate for the continued rise in raw material, energy and transportation costs, which have a direct and substantial impact on the cost price of 3B’s fibreglass products.

3B-the fibreglass company continuously seeks to improve the productivity of its manufacturing plants and to streamline its supply chain to offset higher material costs. 3B remains committed to supporting the Composites Industry, partnering with its customers to develop innovative solutions and supporting their global growth objectives.

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Bob Garner, European Sales Manager for Scott Bader Composites Europe said;

As a consequence of various raw materials being in short supply and continued oil price pressure on downstream feed stocks, this has inevitably led to traders and producers increasing rates over the summer months, with additional increases confirmed for September. Regrettably we are unable to continue to absorb these significant extra costs and have no choice but to implement this price increase

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This action is prompted by sharp increases in raw material costs. AOC has experienced steady increases since late July. Recently, feedstocks such as benzene, butane, and mixed xylenes, among others, are increasing as part of their Fall seasonality. Energy prices have also risen substantially in the last two weeks, with oil regaining the highs of earlier this year.

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The post AOC Announces Price Increases for US & Canada appeared first on Composites Today.

Upward pressure on several feedstock and raw materials, particularly those impacting epoxy and methacrylic acid has not abated this month, we are working closely with all our suppliers and greatly appreciate the continuing support of our customers as we do everything we can to mitigate these increases.
Steve Wetzel National Sales Manager

Interplastic’s Thermoset Resins Division is the manufacturer of CoREZYN and Silmar brand unsaturated polyester, vinyl ester, specialty resins, gel coats, and colorants for the cast polymer and composites industries.

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In Europe the prices will be increased by €100 metric ton for all products sold, the price will increase on March 15th 2013. AOC have also announced a price increase for all Vinyl Ester products in the amount of US$0.06/lb in the U.S. and CN$0.14/kilo in Canada for all products shipped on or after March 16, 2013

This action is again due to ongoing escalation of raw material prices which continues to increase operational costs.

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Fons Harbers, EMEAI Sales Director says that the prices rise is down to the continued increase in costs for key raw materials.

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Bob Garner, European Sales Manager for Scott Bader Composites Europe commented;

Additional increases in key raw material costs from the end of 2012 and into 2013 have regrettably left us with no choice but to implement this price increase. We fully appreciate the difficulties our industry and customers face and will do all in our power to mitigate costs if possible.

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The pricing action is primarily driven by the continued escalation in costs for key raw materials at Ashland’s manufacturing units. Responding to changing market conditions allows Ashland to continue to provide innovative products and industry-leading support that add value for customers.

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The post Ashland Increases Resin & Gelcoat Prices appeared first on Composites Today.

Prices will go up by $0.06/lb in the U.S. and $0.13/kilo in Canada. The company has cited the increase to a diminished supply of feedstocks, coupled with renewed demand for raw materials.

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