Press Release
Ashland announces price increase for unsaturated polyester resin and gelcoat in Europe, the Middle East and Africa
August 19, 2014
| DUBLIN, Ohio - Ashland Performance Materials, a commercial unit of Ashland Inc. (NYSE: ASH), is increasing the prices of its complete portfolio of unsaturated polyester resins and gelcoats in Europe, the Middle East and Africa (EMEA) by 75 euros per ton. This increase will take effect September 1, 2014,
or at the earliest possible timing depending on customer contracts. The pricing action is primarily driven by the continued escalation in costs for key raw materials at Ashland's manufacturing units. |
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, intermediates and solvents, and elastomers. Key customers include: manufacturers of residential and commercial building products; infrastructure engineers; wind blade and pipe manufacturers; auto, truck and tire makers; and boatbuilders. Visit ashland.com to learn more.
- 0 -
C-ASH
FOR FURTHER INFORMATION:
Ashland Performance Materials
Media Relations
Carolmarie Brown
+1 (302) 995-3158
ccbrown@ashland.com
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source:
Ashland Inc. via Globenewswire
HUG#1849840
News Provided by Acquire Media
