Ashland today announced it will increase the price of its portfolio of all composites products in Europe, the Middle East and Africa (EMEA) by 75 Euros per metric ton. This increase will take effect March 1, 2018, or as soon as possible thereafter as contracts allow. This increase is in addition to the increase announced January 26, 2018.
This increase is primarily driven by continued escalation of costs in key raw materials including styrene,liquid epoxy resins (LERs) and glycols. Ashland continues to make these decisions with the intent to ensure we are servicing our customers with the utmost quality and performance and the ability to continue reinvesting in our product line.