Ashland increasing prices of adhesives and coatings

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Ashland increasing prices of adhesives and coatings

* T7 u3 ]3 [. z: w* `+ vWednesday, April 18, 2012

- {, N; _, T* H' {8 \5 RDublin, OH - Effective April 19, or as contracts allow, Ashland Performance Materials will increase North American prices up to 15 percent for its portfolio of adhesives and coatings sold into the packaging and converting market. Customers should contact their Ashland salesperson for specific details. “This action is necessary in this challenging period due to the increased cost of key raw materials and escalating costs for petrochemicals and major feed stocks,” said David Hatgas, director, product management, Ashland Performance Materials. “Responding to changing market conditions allows Ashland to continue to provide innovative products and industry-leading support to our customers.”