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Resolution Performance Products LLC Announces Epoxy Resins Price Increases in North America

Published on 2004-09-01. Author : SpecialChem

 

Resolution Performance Products LLC, the world's leading manufacturer and developer of epoxy resins announced that effective October 1, 2004, or as contracts allow, Resolution Performance Products LLC will eliminate all off-list pricing for the following epoxy product groups in the Americas:

EPON(TM) Resin Solutions
EPON(TM) Resin Blends
EPON(TM) Epoxy Acrylate Resins
EPONEX(TM) Cycloaliphatic Resins
EPONOL(TM) Resins
EPIKURE(TM) 3000 series Amidoamine Curing Agents
EPIKURE(TM) 3100 series Polyamide Curing Agents
EPIREZ(TM) Waterborne Resins &
EPIKURE(TM) Waterborne Curing Agents

Additionally, RPP will also raise list prices on select product grades.

As previously announced in July 2004, RPP will continue to eliminate off- list pricing on EPON(TM) Liquid Epoxy Resins and EPON(TM) Solid Epoxy Resins.

Resolution Performance Products is the leading worldwide manufacturer and developer of epoxy resins and is also the leading global manufacturer of Versatic acids and derivatives. Epoxy resins are chemicals primarily used in the manufacture of coatings, adhesives, printed circuit boards, fiber reinforced plastics and construction materials. The Company, with approximately 900 employees, has operations in the United States, Europe and Asia.

Certain statements in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Company's current expectations and involve risks and uncertainties that could cause the Company's actual results to differ materially from those set forth in the statements. The Company can give no assurance that such expectations will prove to be correct. Factors that could cause the Company's results to differ materially from current expectations include: general economic and business conditions, industry trends, raw material costs and availability, changes in demand for its products, actions of its competitors, substantial indebtedness and the additional factors and risks contained in the Company's Registration Statement on Form S-4 declared effective on February 4, 2004 (File No. 333-112016) and in its periodic reports filed with the SEC.

Source: Resolution Performance Products


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