Reichhold announces resin and othet price increases in Mercosur

Reichhold Brazil announced a price increase percentage rate on all unsaturated polyester resins, vinyl ester resins, gelcoats and pigmented pastes sold in Mercosur for the composites industry.

This increase is effective for all orders shipped on or after February 1st, 2012:

7 % (Seven percent) increase on the prices of unsaturated polyester resins and vinyl ester.

4 % (Four percent) increase on the prices of gelcoats and pigmented pastes.

Escalating raw material prices, coupled with a limited supply of some raw materials continues to drive up our costs and are the reasons for this price increase.

Reichhold continues to aggressively work with our suppliers to minimize the impact of these increases and appreciates the understanding of our customers. At the same time, Reichhold is making the investments necessary to continue the supply of innovative and high quality products which will add value for our customers and increase their competitiveness in the markets they serve.