Reichhold increases list and off list prices on coating resins sold in North America
Reichhold announced price increases for solvent-based, water-reducible and 100% solids resins sold to the coatings industry in North America. Prices will increase four (4) cents per pound. The increase will take effect on orders shipped on or after May 15, 2007.
According to North America Coatings Business Director, Tony Rende, "Raw material cost increases and availability continue to affect the North American resins and emulsions industry. These price increases are necessary to achieve re-investment economics and to continue the high level of innovation and service that our customers have come to expect."
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