Global chemicals company Ashland announced today that effective 27 February 2017 or as contracts allow, it will increase the price of its complete portfolio of composite resins and gelcoats in North America by US$0.08/lb.

This increase is primarily driven by continued escalation of costs in key raw materials, the company said. ‘Ashland continues to make these decisions with the intent to ensure we are servicing our customers with the utmost quality and performance and the ability to continue reinvesting in our product line,’ it added in a press release.

This story uses material from Ashland, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.