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RPP LLC Resolution Performance Products Announces Price Increase On Epoxy Resins In The Americas

Published on 2005-04-19. Author : SpecialChem

HOUSTON -- Effective May 15, 2005, or as contracts allow, Resolution Performance Products LLC will increase prices of its epoxy resin product line in the Americas as follows:

EPON(TM) Liquid Epoxy Resins:
7 cpp (cents per pound)
EPON(TM) Solid Epoxy Resins:
7 cpp
EPON(TM) Epoxy Resin Solutions:
7 cpp
EPON(TM) Epoxy Resin Blends:
7 cpp
EPON(TM) Brominated Epoxy Resins:
7 cpp
EPON(TM) High Performance Resins:
5%
EPIREZ(TM) Waterborne Resins:
5 cpp

"Continued increases in our raw material prices coupled with strong demand for epoxy resins necessitates these increases," says Bradley Crocker, Business Manager for Performance Products.

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 Legislation 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 assurances 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 and the additional factors and risks contained in the Company's Registration Statement on Form S-4 declared effective July 2, 2003.

Source: Resolution Performance Products LLC


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