Ashland announces price increase for unsaturated polyester resins, epoxy vinyl esters and gelcoats in Europe, Middle East and...
May 20 2015 - 10:00AM
May 20, 2015
DUBLIN, Ohio - Ashland Performance Materials, a
commercial unit of Ashland Inc. (NYSE: ASH), is increasing the
price of its portfolio of unsaturated polyester resins, epoxy vinyl
esters and gelcoats sold in Europe, the Middle East and Africa
(EMEA) by 100 euros per ton effective June 1, 2015, or as contracts
allow.
This increase is primarily driven by the continued
escalation in costs for key raw materials and unplanned shutdowns
of major suppliers. Responding to changing market conditions allows
Ashland to continue to provide innovative products and
industry-leading support that adds value for our customers.
About Ashland Performance
Materials
Ashland Performance Materials is the global leader in unsaturated
polyester resins and vinyl ester resins. In addition, it offers
leading chemical technologies in gelcoats, coatings, and
intermediates and solvents. Key customers include: manufacturers of
residential and commercial building products; infrastructure
engineers; wind blade and pipe manufacturers; auto and truck
makers; and boatbuilders. Visit ashland.com to learn more.
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FOR FURTHER
INFORMATION:
Ashland Performance Materials
EMEA Media Relations
Michaela Neilson
+ 41 (0) 52 560 55 25
mneilson@ashland.com
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Ashland Inc. via Globenewswire
HUG#1922907
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