REICHHOLD ANNOUNCES POLYESTER PRICE HIKE

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RESEARCH TRIANGLE PARK, N.C. — Reichhold Chemicals Inc. announced a price increase of 2-3 cents per pound for its unsaturated polyester products.

The price hike, effective Feb. 1, is based on recent raw material cost increases, the Research Triangle Park company said.

In December, ethylene glycol producers announced increases of as much as 5 cents per pound.