Ashland announces price increase for unsaturated polyester resins, epoxy vinyl esters and gelcoats i

Ashland announces price increase for unsaturated polyester resins, epoxy vinyl esters and gelcoats in Europe, Middle East and Africa

ID: 394781

(Thomson Reuters ONE) -


May 20, 2015

DUBLIN, Ohio - Ashland Performance Materials, a commercial unit of Ashland Inc.
(NYSE: ASH), is increasing the price of its portfolio of unsaturated polyester
resins, epoxy vinyl esters and gelcoats sold in Europe, the Middle East and
Africa (EMEA) by 100 euros per ton effective June 1, 2015, or as contracts
allow.

This increase is primarily driven by the continued escalation in costs for key
raw materials and unplanned shutdowns of major suppliers. Responding to changing
market conditions allows Ashland to continue to provide innovative products and
industry-leading support that adds value for our customers.

About Ashland Performance Materials
Ashland Performance Materials is the global leader in unsaturated polyester
resins and vinyl ester resins. In addition, it offers leading chemical
technologies in gelcoats, coatings, and intermediates and solvents. Key
customers include: manufacturers of residential and commercial building
products; infrastructure engineers; wind blade and pipe manufacturers; auto and
truck makers; and boatbuilders. Visit ashland.com to learn more.


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C-ASH

FOR FURTHER INFORMATION:
Ashland Performance Materials
EMEA Media Relations
Michaela Neilson
+ 41 (0) 52 560 55 25
mneilson(at)ashland.com

 



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Ashland Inc. via GlobeNewswire
[HUG#1922907]






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Bereitgestellt von Benutzer: hugin
Datum: 20.05.2015 - 16:00 Uhr
Sprache: Deutsch
News-ID 394781
Anzahl Zeichen: 2038

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Covington



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