|
Effective 6th February 2012, Scott Bader Europe is increasing the price for its range of Crystic®
polyester, DCPD based and Vinyl ester resins by 100€/te. Crystic® gelcoats, Crestapol® resins and
Crestomer® adhesives will also increase by 100€/te. Pigmented gelcoats and resins will increase by
a minimum of 120€/te with pigment pastes increasing by a minimum of 150€/te. New prices will be
applied to orders invoiced or delivered on or after this date subject to existing customer contracts.
This price increase is in response to continued rises in the costs of key oil based feedstock raw
materials required for the manufacture of UPR resins, plus further rises in titanium dioxide.
Bob Garner, European Sales Manager for Scott Bader Composites Europe stated: “Our business
has been forced to absorb higher raw material costs as a consequence of higher crude values and
tight supply of key raw materials. Regrettably we have little option but to increase prices in February
given these circumstances if we are to continue investing in development and maintaining leading
technology advances our customers demand. Current forecast spot and contract rates suggest a
firming or even escalation of raw material rates in Qtr 1 of 2012, which may result in additional
increases”.
Scott Bader remains committed to working closely with its valued customers across Europe to find
practical ways of reducing 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 Bader
Scott 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.
|
