Chemical technologiesPress-releases

AOC price increase announcement

AOC has announced a price increase of €100 per ton for its entire UPR portfolio and €200 per ton for its entire Epoxy Vinyl Ester (VE) portfolio sold in Europe, Middle East and Africa.

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.

The main activity of Global Basalt Engineering LLC is creation of effective productions on release of continuous basalt fiber (СBF) with technologies of the last generation and composites on the basis of СBF (Basalt Fiber-Reinforced Polymer Composites as BFRP).

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”

About AOC:
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.

Companies: AOC

Terms: Business, Innovations

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