| UK. Scott Bader announces further price increases for Crystic products |
|
|
|
| Tuesday, 05 September 2006 | |
|
Company news: Scott Bader will be increasing the prices of all Crystic® unsaturated polyester, DCPD and Vinyl Ester resins, plus all gelcoats and Crystic Crestomer® structural adhesives by a further 100 €/t on all deliveries from its European sites from September 18th 2006. This further increase is due to the continued upward surge in raw material costs during July and August, which has taken prices for certain key raw materials such as styrene, phthalic and maleic anhydride to record highs, with no signs of relief in sight. Malcolm Forsyth, European Commercial Director, Composites business division of Scott Bader stated “Under these circumstances, with such dramatic additional raw material price increases imposed on us so quickly, we have no choice but to pass on these price increases to our customers; to not do so would have serious implications on the viability of our business. However, where we can, we do look to try to work with and help our customers to minimise any negative impact on their business.” |
|
| Last Updated ( Tuesday, 05 September 2006 ) |
| < Prev | Next > |
|---|