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AOC announces price Increase

AOC announced a price increase for its entire product portfolio sold in Europe, Middle East, Africa and India. The increase will be €150 per ton for Unsaturated Polyester-based and €200 per ton for Vinyl Ester-based products and formulations. The price increase is effective from February 15th, 2024 or as soon as contracts allow. AOC is experiencing significant price increases from its suppliers from multiple locations, both within Europe and importing into Europe from overseas, associated with disruptions in global supply networks. The company is doing its best to secure supply lines and ensure its customers can be reliably served. “AOC is working hard to minimize the impact of the raw material cost increase, but presently we have no other choice but to raise the prices of our products”, explains Fons Harbers, Vice President Marketing & Sales EMEA of AOC.