The price increase is US$0.06/lb.

“This action is necessary in this challenging period for key raw materials,” says Mike Wallenhorst, director of product management, Ashland Performance Materials.

Ashland Performance Materials is a business unit of Ashland Inc (NYSE: ASH) of Columbus, Ohio, USA.

  • Ashland increased the prices of its portfolio of unsaturated polyester resins, gel-coats and epoxy vinyl ester resins in Europe, the Middle East and Africa on 1 October (see Ashland increases resin prices for Europe).