DUBLIN, Ohio (August 1st, 2017) – Ashland announced today that effective August 15th, 2017 or as contracts allow, it will increase the price of its complete portfolio of gelcoats in North America by $0.05/lb on white colors and $0.04/lb on all other colors.
This increase is primarily driven by continued escalation of costs in key raw materials including Titanium Dioxide, Isophthalic Acid and Neopentyl Glycol. 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.
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 nearly 7,000 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: