AOC has today announced a price increase for its entire product portfolio sold in Europe, Middle East, Africa and India. The increase will be €150 per ton for Unsaturated Polyester-based and €200 per ton for Vinyl Ester-based products and formulations. The price increase will be effective February 15th, or as soon as contracts allow.
AOC is experiencing significant price increases from its suppliers from multiple locations, both within Europe and importing into Europe from overseas, associated with disruptions in global supply networks. The company is doing its best to secure supply lines and ensure its customers can be reliably served.
“AOC is working hard to minimize the impact of the raw material cost increase, but presently we have no other choice but to raise the prices of our products”, 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 conventional Composites. 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.
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Media contact
Thomas Wegman
Marketing Manager EMEA
Tel: +31 6 8364 2884
Email: thomas.wegman@aocresins.com
