Ashland Performance Materials will increase South American prices for unsaturated polyester resins, epoxy vinyl ester resins and gelcoats sold into the composites market by USD $0.17 per kilogram, or as contracts allow, effective September 1st, 2012.
Ashland attributed the price increase to continued escalation in costs for key raw materials and production of these products. It says responding to these changing market conditions allows it to continue investing in the support and growth of the market and its customers.