Feedstock prices force composites price rise

The price of the company's Crystic unsaturated polyester, vinyl ester, DCPD, and all other manufactured composite products will increase by 90€/tonne. Bob Garner, European sales manager for Scott Bader Composites Europe explained that the price rise is once again in response to continued increases in the costs of key oil based feedstock raw materials. "These sustained raw material increases, which are beyond our control, effectively force our business to implement this increase. Market conditions remain volatile and uncertain as our industry attempts to mitigate these costs wherever feasible," he explained. Scott Bader claims it remains committed to working closely with customers across Europe to find practical ways reduce the overall impact of these necessary price increases for the long term sustainability of its business. It actively looks to help customers maximise product and process efficiencies through technically-led partnership projects.