Ashland Announces Price Increase in North America Effective April 22, 2019

PRWeb 5-Apr-2019 8:31 AM

Ashland announces price increase in North America effective April 22, 2019

DUBLIN, Ohio (PRWEB) April 05, 2019

Effective April 22, 2019 or as contracts allow, Ashland will increase the price of its portfolio of composites products in North America, including the United States, Canada and Mexico.

Increases are as follows:

• Ortho-Phthalic resins: +.06/lb
• All other Unsaturated Polyester resins: +.04/lb
• Vinyl Ester, Fire Retardant & Specialty resins: +.05/lb
• Chlorendic based resins: +.09/lb
• All Gelcoats & Pigments: +.05/lb

This increase is primarily driven by continued escalation of costs in key raw materials, freight and tariffs (specifically for Chlorendic based resins). Ashland continues to make these decisions with the intent to ensure we are servicing our customers with the utmost quality and performance and the ability to continue reinvesting in our product line.

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, nutraceuticals, personal care and pharmaceutical. At Ashland, we are approximately 6,000 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) 790-5420
saderthick@ashland.com

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