Ashland Performance Materials to Increase Pricing
March 28, 2010
DUBLIN, OH – Ashland Performance Materials, a commercial unit of Ashland Inc., is increasing the price of its homopolymer and copolymer vinyl-acetate emulsions and its vinyl-acrylic emulsions sold in North America. The increase is three cents per wet pound, effective April 1, or as agreements allow.
“Despite Ashland’s efforts to mitigate the impact of continued rising raw material costs and other factors that influence product pricing, the dramatic escalation in the cost of key raw materials for these products, particularly vinyl acetate and acrylic monomers, necessitates this price increase,” said Gary Landsettle, Vice President, North American Sales, Ashland Performance Materials. "Responding to changing market conditions allows Ashland to continue to provide innovative products and industry-leading product support that add value for customers."