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Ashland announces price increase for unsaturated polyester resins, epoxy vinyl esters and gelcoats in Europe, Middle East and Africa

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05/20/2015

Ashland announces price increase for unsaturated polyester resins, epoxy vinyl esters and gelcoats in Europe, Middle East and Africa

May 20, 2015

DUBLIN, Ohio - Ashland Performance Materials, a commercial unit of Ashland Inc. (NYSE: ASH), is increasing the price of its portfolio of unsaturated polyester resins, epoxy vinyl esters and gelcoats sold in Europe, the Middle East and Africa (EMEA) by 100 euros per ton effective June 1, 2015, or as contracts allow.

This increase is primarily driven by the continued escalation in costs for key raw materials and unplanned shutdowns of major suppliers. Responding to changing market conditions allows Ashland to continue to provide innovative products and industry-leading support that adds value for our customers.

About Ashland Performance Materials

Ashland Performance Materials is the global leader in unsaturated polyester resins and vinyl ester resins. In addition, it offers leading chemical technologies in gelcoats, coatings, and intermediates and solvents. Key customers include: manufacturers of residential and commercial building products; infrastructure engineers; wind blade and pipe manufacturers; auto and truck makers; and boatbuilders. Visit ashland.com to learn more.

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FOR FURTHER INFORMATION:

Ashland Performance Materials

EMEA Media Relations

Michaela Neilson

+ 41 (0) 52 560 55 25

mneilson@ashland.com

 






This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Ashland Inc. via Globenewswire

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