Ashland Performance Materials, a commercial unit of Ashland Inc., is increasing the prices of its Unsaturated Polyester Resins (UPRs) and gelcoats portfolio sold in Europe, the Middle East and Africa (EMEA) by 100 euros per ton effective February 1, 2012, or at the earliest possible time depending on individual customer contracts.
The pricing action is primarily driven by the continued rapid escalation in costs for key raw materials, specifically styrene and TiO2, at