Skip to main content

Resin producers raise prices

AOC and Cook Composites and Polymers recently announced price increases.

AOC will increase prices on all products with shipments on and after April 11, the company announced.

"The supply of several raw materials, such as propylene glycol, maleic anhydride and epoxy, among others, has been affected by unplanned outages which, coupled with improved demand, is compounding supply issues and resulting in raw material increases," the company said in a statement.

"Also, geopolitical events in North Africa and the Middle East show no abatement for raw materials," AOC added.

Click here for the full list of price increases in the United States and Canada.

AOC also announced a price increase for all products, including polyester resins, vinylester resins, gelcoats and pigments, of 7 cents a pound for all shipments to, from and within Mexico, Latin America, South America and the Caribbean.

The implementation date for the increase is for all shipments on and after April 7.

Cook Composites and Polymers will implement a price increase of 7 to 9 cents a pound for Reafree powder coating resins, depending on chemistry.

The new prices will be effective for orders shipped on or after April 1.

"This increase is a result of the continued escalation in feedstock pricing, which impacts the cost of raw materials such as neopentyl glycol, isophthalic acid and terephthalic acid," said Chris White, director of sales for CCP's coatings division, in a statement.

Related

Teaser-Graphic-6-29-22_2

2022 Women in the Industry Summit, Leadership Panel, Awards Ceremony & Reception

MONDAY, SEPTEMBER 26, 2022, MARRIOTT TAMPA WATER STREET, TAMPA, FL

DealerOutlook

Seabins Coming to Lake Erie

The devices, deployed as part of a pilot program, skim and collect debris from the water, including microplastics. Meanwhile, MBIA announces scholarship funds.

1_BOATSETTER

Boatsetter Reports Uptick in Rentals

The on-water experience company has seen triple-digit growth in pontoon and party-boat rentals, as well as fishing and yacht charters.

1_SMARTGYRO

Smartgyro Signs Distributors, Hires Sales Manager

The company said the three U.S. distributors, working with Bob Walker, will help expand its dealer network and brand recognition.

1_YEARGIN

The Upside of a Downturn

Economic challenges should push you to develop a strategy that helps you weather the storm and come out stronger on the other side.

1_TRAVELIFT.COOP

Marine Travelift Launches Co-op Program

The company received its first student, a University of Wisconsin engineering major, in the seven-month paid co-op.

1_JULY4

Trade Only Today Returns Tuesday

The e-newsletter will not publish July 4 in observance of Independence Day. We wish everyone a safe holiday weekend.

1_ORR.FUNDS

ORR Announces Federally Funded Projects

The U.S. Economic Development Administration prioritized outdoor recreation for the first time