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Reichhold Announces Price Increase on Vinyl Ester Resins Sold in North America

May 26, 2010 By: NCTechNews Category: Manufacturing

(Research Triangle Park, N.C.) Reichhold, Inc. announced a price increase today of $0.09 per pound on all vinyl ester resins sold in North America for the composites industry. This increase is effective for all orders shipped on or after June 7.

“Global shortages of key raw materials used for production of vinyl ester resins have resulted in rapidly escalating costs, which can no longer be absorbed”, said Al Naser, Reichhold commercial vice president, Composites North America. “We appreciate the understanding of our customers as we work to minimize the impact of rising costs upon product pricing,” Naser added. “At the same time we are making the investments necessary to continue the supply of innovative and high quality products and services which add value for our customers and increase their competitiveness in the markets they serve,” he concluded.

For more information on Reichhold’s technologies for the composites industry, visit www.reichhold.com or email composites@reichhold.com.

Founded in 1927, Reichhold, with its world headquarters and technology center in Research Triangle Park, North Carolina, USA, is the worlds largest manufacturer of unsaturated polyester resins and a leading supplier of coating resins for the industrial, transportation, building and construction, marine, consumer and graphic arts markets. Reichhold has manufacturing operations throughout North America, Latin America, the Middle East, Europe and Asia.

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