Gelcoat, resin prices go up again

Posted on

Cook Composites and Polymers announced an 8 cent per pound price increase for all gel coats, unsaturated polyester and vinyl ester resins. All materials packaged in steel containers will increase an additional 4 cents per pound. The new pricing is effective with shipments made on or after Aug. 4.

This is in addition to the price increases announced last month. On June 6, the Kansas City, Mo.-based company announced a 10 cent per pound price increase for all unsaturated polyester and vinylester resins, and an increase of 12 cents per pound for gelcoat products.

Increases in steel, raw materials and energy dictate the need for additional price increases for the manufacture, packaging and shipment of CCP’s gelcoats, unsaturated polyester and vinylester resins, according to the company.

“These critical resources remain volatile and require us to pass on these advances to our customers,” CCP said in a statement.

Additionally, rising transportation fees for the shipment of both raw materials and finished goods, coupled with increasing crude oil and fuel surcharges continue to affect the industry.

CCP says it is “doing everything within our power to contain” rising costs. “CCP acknowledges the impact these costs have on our customers, but unfortunately do not anticipate relief in the foreseeable future,” the company said.
 

Welcome to TradeOnlyToday’s premium content! To continue reading, please register now, for access to 10 free stories per month. Or subscribe, for unlimited access to all TradeOnlyToday content!

Click here to Register ... it's free!

Basic subscription: Registered members get free access to 10 premium content stories each month!

Not a member yet? Click here to Register!

Already a member? Click here to Login!

Subscribe ... for unlimited access!

Individual subscription: $29 for unlimited site access for one year.

Small Business subscription: $140 for unlimited site access for up to 10 members of a company for one year.

Corporate subscription: $300 for unlimited site access for all members of a company for one year.

You may close this dialog after seconds.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see our Comments Policy.

Vote Today

Did 2014 meet your sales expectations?

View Results

Loading ... Loading ...

Search Boats for Sale

Length
Year
Price

Login to Trade Only Today

Lost Password