Price Increase for Composite Resins and Gel CoatsNAC has been notified of a price increase effective July 7, 2018 of $0.06 per pound on all CoREZYN® and Silmar® brand polyester resins, vinyl ester resins, gel coat, colorants and bonding compounds. These increases will take effect on all NAC shipments on or after July 7, 2018.
Ashland Performance Materials is increasing prices on its portfolio of unsaturated polyester resins, epoxy vinyl ester resins and gel coats by $0.04 per pound as well as a $0.02 per pound increase for freight. Total price increase for the above products is $0.06 per pound. These increases will take effect on all NAC shipments on or after July 9, 2018.
NAC will increase all affected products by the announced increase to our customers on all orders shipped on or after July 9, 2018 for Ashland products and on or after July 7, 2018 for CoREZYN and Silmar products.
Costs have risen due to tight supply of key raw materials across the board, as well as rising freight costs, driver shortages and limited carrier capacities. Our suppliers are working closely with their raw material suppliers to reduce the impact of these increases and to ensure supply to support our customer’s current and future needs.
If you have any questions regarding this announcement, please contact your NAC sales representative.