AOC Announces Price Increase for EMEA16 March 2021
AOC has today announced a price increase of €350 per ton for its entire UPR and Epoxy Vinyl Ester (VE) portfolio sold in Europe, Middle East and Africa. The price increase will take immediate effect for all new orders or as soon as contracts allow. This price increase is in addition to the increases that were previously announced.
“The availability of key raw materials from our contract suppliers has been severely hampered and we are having to resort to other, more expensive, sources. Also logistics and packaging costs have been increasing steadily. This leaves us no choice but to raise the prices of our products further as a result, realizing that supply can be somewhat irregular given these new supply routes”, explains Fons Harbers, Vice President Marketing & Sales EMEA of AOC.
AOC is the leading global supplier of resins and specialty materials which enable customers to create robust, durable and versatile products and components for applications in Coatings and Protective Barriers, Colorants and Visual Effects, Adhesives and Specialties, and Composite resins. With strong capabilities around the world in both manufacturing and science, the company works closely with customers to deliver unrivaled quality, service and reliability for today, and create innovative solutions for tomorrow. Partner with AOC and we will work together to find the right solutions for your business.