OREANDA-NEWS. Ashland Performance Materials, a business 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 75 euros per ton effective March 15, 2016, or as contracts allow.

This increase is primarily driven by the continued escalation in costs for key raw materials. Responding to changing market conditions allows Ashland to continue to provide innovative products and industry-leading support that add value for 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.

About Ashland

Ashland Inc. (NYSE: ASH) is a global leader in providing specialty chemical solutions to customers in a wide range of consumer and industrial markets, including architectural coatings, automotive, construction, energy, food and beverage, personal care and pharmaceutical. Through our three business units – Ashland Specialty Ingredients, Ashland Performance Materials and Valvoline – we use good chemistry to make great things happen for customers in more than 100 countries.