AKRON, OHIO - Two of the leading suppliers of unsaturated polyester have announced further price increases for their products. The Reactive Polymers Division of Reichhold Chemicals Inc. of Research Triangle Park, N.C., said it will raise its prices 3-5 cents per pound, depending on the grade. Reichhold said its increases will be effective July 24.
The Silmar Resins Division of Interplastic Corp. of Fort Wright, Ky., said it will raise its prices for the materials 2-4 cents per pound, depending on the grade, effective July 29.
These mark the fourth round of increases this year for unsaturated polyester resins. Prices for the thermoset resins were raised five times in 1994.
Suppliers attributed the hikes to higher costs and short raw material supplies.