AKRON, OHIO - Unsaturated polyester resin manufacturers announced a new round of price increases, effective between Jan. 9 and Jan. 15 - the fifth set of increases since January 1994. The Reactive Polymers Division of Reichhold Chemicals Inc. of Research Triangle Park, N.C., announced an increase of 31/2-7 cents per pound for orders shipped on or after Jan. 9. Reichhold is seen widely as the top producer of unsaturated polyester resins in North America.
Ashland Chemical Co. of Columbus, Ohio, announced a price increase of 3-41/2 cents per pound, effective Jan. 9.
Silmar Resins, a Fort Wright, Ky.-based unit of the Commercial Resins Division of Interplastic Corp. of Vadnais Heights, Minn., announced it will increase its prices 3-51/2 cents per pound, effective Jan. 15.
The wide range of increases is dependent on the chemistry of specific resins.
Executives of the companies cited their increased costs for raw materials, especially ethylene monomer and glycols, as reasons for the price increases.
