Cook Composites and Polymers will implement a price increase of $0.07-0.09 per pound for Reafree® powder coating resins, depending on chemistry. New prices will be effective for orders shipped on or after April 1, 2011. According to Chris White, director of sales for Cook Composites and Polymers' Coatings Division, the increase is a result of the continued escalation in feedstock pricing, which impacts the cost of raw materials such as neopentyl glycol (NPG), isophthalic acid (PIA) and terephthalic acid (PTA).
ABOUT COOK COMPOSITES AND POLYMERS
Cook Composites and Polymers is a leader in the development and production of a wide range of coating resins and is the world's largest producer of polyester gel coats. Headquartered in Kansas City, Mo., the company has manufacturing facilities throughout the United States, Canada and Mexico. Cook Composite and Polymers affiliate companies include TOTAL, Cray Valley, Sartomer, Reacciones Quimicas, Peninsula Polymers and Progress Plastics, among others.