Reichhold announced a price increase effective for all orders shipped on or after October 1, 2013 in Europe of 80 EUR/MT on all unsaturated polyester resins, vinyl ester resins and ancillary products.

Alberto Piccinotti, Vice-President Commercial Europe stated “The sudden increase in the price of Styrene and Crude Oil due to the global uncertainty on future availability, leave us no choice but to raise our prices immediately. We appreciate the understanding of our customers as we continue doing everything possible to limit the impact of rising costs and limited raw material availability upon product pricing and supply.”

About Reichhold

Founded in 1927, Reichhold, with its world headquarters and technology center in Research Triangle Park, North Carolina, USA, is one of the world’s largest manufacturer of unsaturated polyester resins and a leading supplier of coating resins for the industrial, transportation, building and construction, marine, consumer and graphic arts markets. Reichhold has manufacturing operations throughout North America, Latin America, Europe, the Middle East and Asia.