Nuplex Resins, Louisville, Ky., announced a price increase for all coating resins sold in North America, went into effect October 3, 2005. The increase is approximately 4 percent to 10 percent and will affect all solvent and water-borne products, including alkyds, acrylics, polyesters and amino resins. The increase is the result of continued pressure for all major raw materials, especially aromatic solvents, phthalic anhydride and styrene, as well as energy and freight.
Vitracoat, an ISO-9001 certified international powder coatings manufacturer, has acquired the latest technology equipment that will allow its production capacity to be increased by 20 percent. With this addition, Vitracoat's total production capacity exceeds 36 million pounds per year. The company expects that the new machinery will be operational in Q4 this year. Vitracoat has nine production lines and a laboratory in its 315,000 ft2 building.