AOC Announces Price Increase for Styrene-based Products25 August 2023
AOC has today announced a price increase of €150 per ton for its entire portfolio of styrene-based Composite resins sold in Europe, Middle East, Africa and India. The price increase will be effective September 1st, 2023, or as soon as contracts allow.
AOC is experiencing significant price increases from its styrene suppliers from multiple locations, both within Europe and importing into Europe from overseas. The company is doing its best to secure supply lines and ensure its customers can be reliably served. The Styrene-free products sold by AOC will not be affected by this price increase.
“AOC is doing its best to minimize the impact of the raw material cost increase, but presently we have no other choice but to raise the prices of our products”, explains Fons Harbers, Vice President Marketing & Sales EMEA of AOC.