Reichhold Announces Price Increase for European Composites Industry

Effective as of June 01, 2016

DURHAM, N.C.--(BUSINESS WIRE)-- Reichhold announced today a price increase effective for all orders shipped on or after June 01, 2016 in Europe of 70 EUR/MT on all gelcoat products.

This increase is driven by continued rises in the cost of typical gelcoat raw materials.

Price increases applied to unsaturated polyester resins and vinyl esters will be between 30 and 50 EUR/MT.

We appreciate the understanding of our customers as we continue doing everything possible to limit the impact of rising costs and limited raw material availability on our product pricing and supply.

For more information on Reichhold’s technologies for the composites industry, visit www.reichhold.com or e-mail [email protected].

About Reichhold

Founded in 1927, Reichhold, with its world headquarters and technology center in Research Triangle Park, North Carolina, USA, is one of the world’s largest manufacturers 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, Europe, the Middle East and Asia.

Reichhold’s composite brands are:

ADVALITE™ Specialty vinyl hybrid liquid and monomer free hot melt prepreg resin products for the Advanced Composites Market

POLYLITE® All standard Reichhold resin products for composites, for both reinforced and non-reinforced applications

HYDREX® High-performance vinyl ester resins designed specifically for excellent hydrolytic stability in applications such as boat building and spa manufacturing

NORPOL® Compounded products, chiefly gelcoats and bonding pastes; also the brand for LP-additives for SMC/BMC and pultrusion

DION® Industrial resin products (especially vinyl ester resins), including those for corrosion-resistant, flame-retardant and pultrusion applications; also the brand for higher performance polyester resins across all markets

ENVIROLITE® “GREEN” products containing renewable and/or recycled materials

View source version on businesswire.com: http://www.businesswire.com/news/home/20160429005047/en/

Reichhold
Joan Grace, 919-990-7876
[email protected]

Source: Reichhold

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