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Effective from August 1st 2011, Scott Bader is increasing prices by 100€/te for its range of Crystic® gelcoats and pigments. These new prices will be applied to all invoiced orders by this date at the latest, subject to existing customer contracts. This is an additional increase to the last price rise announced and implemented in May of this year. This further price rise from Scott Bader is in response to significant additional increases in the costs of key gelcoat and pigment related raw materials, especially titanium dioxide. Based on recent forecasts, Scott Bader is expecting raw material prices to remain at these high levels for the foreseeable future, due to ongoing global supply shortages and strong demand. They do not rule out the possibility of further prices increases being necessary if further upward movements in oil, energy and raw material prices occur. Scott Bader continues to work very closely with its customers to reduce the overall impact of these necessary price increases for the long term sustainability of its business. It actively looks to help customers maximize product and process efficiencies through technically-led partnership projects. About Scott BaderScott Bader was established in 1921. Today it is a £180 million multinational chemical company, employing 560 people worldwide. It is a common trusteeship company, having no external shareholders, with a strong commitment to support its customers, workforce and the environment. Scott Bader’s headquarters is based in the UK where they have purpose-built, state-of-the-art technical facilities that provide R & D as well as complete evaluation, testing and application support. They have manufacturing facilities in the UK, France, Croatia, The Middle East and South Africa. For further information regarding Scott Bader, please call +44 (0)1933 663100, visit www.scottbader.com or e-mail info@scottbader.com.
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