AOC has today announced an additional price increase of €175 per ton for its entire portfolio of Composite formulations sold in Europe, Middle East and Africa. The price increase will be effective immediately, or as soon as contracts allow.
This price increase is in addition to the increases that were announced earlier this year.
“AOC is seeing a continued steep increases in the cost of all main raw materials as well as logistics costs and energy costs for all our manufacturing sites. This leaves us no choice but to further raise the prices of our products as a result”, explains Fons Harbers, Vice President Marketing & Sales EMEA of AOC.
About AOC
AOC is the leading global supplier of formulations and specialty materials which enable customers to create robust, durable and versatile products and components for applications in Coatings and Protective Barriers, Colorants and Visual Effects, Adhesives and Specialties, and Composite formulations. 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. Partner with AOC and we will work together to find the right solutions for your business.
Media contact
Thomas Wegman
Marketing Manager EMEA
Tel: +31 6 8364 2884
Email: thomas.wegman@aocresins.com