Reichhold Announces Price Increase on all Products for European Composites Industry
RESEARCH TRIANGLE PARK, N.C.--(Business Wire)-- Reichhold announces a 100 EUR/MT price increase effective as of August 1st, 2009 on all its Products sold in Europe. In recent weeks, further significant escalation of prices of all key feedstock and raw materials utilized to manufacture polyester resins and related products has made this price adjustment necessary. We appreciate our customers` understanding of these difficult market conditions as we make every effort to mitigate the impact of rising costs on our product pricing. At the same time we continue to make investments required to supply high quality, innovative products to help our customers differentiate and create added value. For more information on Reichhold`s technologies for the Composites Industry, visit www.reichhold.com or email composites@reichhold.com. Contact Reichhold Corporate Communications corporate.communications@reichhold.com 919-990-7876 About Reichhold Founded in 1927, Reichhold, with its world headquarters and technology centre in Research Triangle Park, North Carolina, USA, is 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 in North America, Latin America, the Middle East and Europe. Reichhold`s composite brands are: POLYLITE Reinforced and non-reinforced applications HYDREX High performance vinyl ester resins designed specifically for excellent hydrolytic stability in applications such as boat building and spa manufacturing NORPOL Compounded products such as gel coats and bonding pastes DION Industrial and infrastructure resin products (previously branded ATLAC) Reichhold Joan Grace, 919-990-7876; joan.grace@reichhold.com Copyright Business Wire 2009
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