Scott Bader announces price increase in Europe
April 11, 2012 - United Kingdom
Scott Bader Europe is increasing the prices for its Crystic unsaturated polyester, vinyl ester, DCPD, plus all other manufactured composite products by 90€/te. This price increase will be implemented by 1st May 2012, subject to existing customer contracts.
The price rise is once again in response to continued increases in the costs of key oil based feedstock raw materials. Bob Garner, European Sales Manager for Scott Bader Composites Europe stated: “These sustained raw material increases, which are beyond our control, effectively force our business to implement this increase. Market conditions remain volatile and uncertain as our industry attempts to mitigate these costs wherever feasible.”
Scott Bader remains committed to working closely with customers across Europe to find practical ways reduce the overall impact of these necessary price increases for the long term sustainability of its business. It actively looks to help customers maximize product and process efficiencies through technically-led partnership projects.
Scott Bader was established in 1921. Today it is a £180 million multinational chemical company, employing 560 people worldwide. It is a common trusteeship company, having no external shareholders, with a strong commitment to support its customers, workforce and the environment.
Scott Bader’s headquarters is based in the UK where they have purpose-built, state-of-the-art technical facilities that provide R & D as well as complete evaluation, testing and application support.