The price increase is effective for all new deliveries after 1 January 2021 or as soon as contracts allow. This price increase is in addition to the increases that were announced on 2 November 2020 and on 16 November 2020.
Fons Harbers, Vice President Marketing & Sales EMEA of AOC explains:“The pricing of Liquid Epoxy Resin (LER) and other key raw materials has seen significant increases over the past months following outages across the globe. Also logistics costs have been increasing steadily during the last months. This leaves us no choice but to raise the prices of our products as a result”
AOC is the leading global supplier of resins and specialty materials which enable customers to create robust, durable and versatile products and components. 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.