Industry News

Scott Bader Increases Prices of all Crystic® products

Published on 2007-04-25. Author : SpecialChem

Scott Bader will be increasing the prices of all Crystic® unsaturated polyester, DCPD and Vinyl Ester resins, plus all gelcoats and Crystic Crestomer® structural adhesives by 100 €/t on all deliveries from its European sites from May 7th 2007.

This price rise is due to the recent increase in raw material costs during March and April, especially styrene, phthalic anhydride and isophthalic acid, with supply shortages in Europe for isophthalic acid due to a declared force majeure from a major supplier.

Malcolm Forsyth, European Commercial Director, Composites business division of Scott Bader stated "The indications are that more raw material price rises are expected later in the year. Scott Bader is doing everything it can to minimise the price rises and, where possible, to work with our customers to minimise any negative impact on their business."

Source: Scott Bader

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