Ashland Increases Prices on Composites Resins and Gelcoats in North America

PRWeb 30-Aug-2018 12:44 PM

Ashland increases prices on composites resins and gelcoats in North America

DUBLIN, Ohio (PRWEB) August 30, 2018

Ashland is increasing prices on its portfolio of resins and gelcoats up to $0.05/lb. The increases apply to North America and are effective September 12, 2018 or as agreements allow.

The price increases are due to continued cost escalation in key raw materials, driven by demand and tightness in feedstocks, cost increases for packaging and freight, and supply chain disruption due to tariffs. Ashland remains committed to providing customers with quality products and to delivering services that are reliable and efficient.

About Ashland
Ashland Global Holdings Inc. (NYSE: ASH) is a premier global specialty chemicals company serving customers in a wide range of consumer and industrial markets, including adhesives, architectural coatings, automotive, construction, energy, food and beverage, personal care and pharmaceutical. At Ashland, we are approximately 6,500 passionate, tenacious solvers – from renowned scientists and research chemists to talented engineers and plant operators – who thrive on developing practical, innovative and elegant solutions to complex problems for customers in more than 100 countries. Visit ashland.com to learn more.

FOR FURTHER INFORMATION:
Media Relations
Sandra Derthick
(614) 205-4042
saderthick(at)ashland(dot)com

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