OREANDA-NEWS. Ashland Performance Materials, a business unit of Ashland Inc. (NYSE: ASH), is increasing the price of unsaturated polyester resins, epoxy vinyl esters and gelcoats sold in North America by $0.04 per pound effective April 15, 2016, or as contracts allow.

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

About Ashland Inc.

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, adhesives, 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.