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ASHLAND INCREASES PRICE OF RESINS AND LOW PROFILE ADDITIVES
29 December 2004 - Ashland Specialty Chemical Company
| Ashland Composite Polymers, a business group within Ashland Specialty Chemical, is increasing the price of its vinyl ester resins by 10 cents per pound and unsaturated polyester resins, gel coats and low profile additives by 6 cents per pound for North American customers.
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Ashland Composite Polymers, a business group within Ashland Specialty Chemical, is increasing the price of its vinyl ester resins by 10 cents per pound and unsaturated polyester resins, gel coats and low profile additives by 6 cents per pound for North American customers. This adjustment, which affects both list and off-list pricing, will come into effect on and after 1 January 2005, and is in addition to all previously announced increases. Demand for key raw materials including glycols, epoxies and maleic anhydride, remains the critical factor in market pricing. While demand has escalated, production of these materials has remained stable, resulting in limited supplies and soaring prices.
http://www.ashchem.com/ascc/compoly/
About: Ashland Specialty Chemical Company
Ashland is a transportation construction, chemical, and petroleum company providing innovative products, services and solutions. A Fortune 500 company, we have sales and operations throughout the United States and in more than 120 countries around the world. Our operations include four wholly owned divisions: Ashland Paving And Construction (APAC), Ashland Distribution, Ashland Specialty Chemical and Valvoline. In addition, we own 38 percent of Marathon Ashland Petroleum LLC, the nation's fifth largest refiner and marketer of petroleum products. Ashland Composite Polymers is a leading worldwide resin and gel coat supplier, serving the fiber reinforced plastics and cast polymer industry. Ashland has invested many years of research into the development of specifically tailored products that together represent the broadest product line in the industry. Primary research and development activities are based at our company headquarters in Dublin, Ohio, USA working closely with our R&D and Product Development teams in Europe and Asia. The full line of products, services and technology includes: Hetron epoxy vinyl ester, corrosion-resistant and fire retardant resins; Arotran world leading resin technology for the automotive market; award-winning Maxguard gel coats; Aropol polyester resins; AME premium marine resins; Modar modified acrylic resins; and Polaris resins for solid surface and cast marble. |
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• For December 2004
• From Ashland Specialty Chemical Company
• For Engineering Plastics
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