COLLIERVILLE, Tenn. – AOC, a global supplier of resins, gelcoats and other additives to the marine industry, will increase its prices by $0.07 per pound on all resins and $0.09 per pound on all gel coats, pigments and b-sides sold in the U.S. and Canada shipped on or after Aug. 16, the company said in a release Friday afternoon.
“Unrelenting raw material, energy, transportation and packaging cost increases continue,” AOC said. “Feedstocks continue to drive these increases which are now being compounded by tight inventories/shortages of some key materials, like in the case of Maleic Anhydride which is under sales allocation/control by some producers.”
AOC said it continues to invest for the long-term growth and health of the composites industry by providing innovation and capacity to meet the growing demand, and remains committed to offering customers the best overall value in the market place.
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