(St. Paul, MN – May 14th, 2021) Interplastic Corporation announced today that it will raise the price of both Silmar and CoREZYN brand polyester resins, gel coats, bonding compounds and colorants up to $0.10 per pound. CoREZYN brand vinyl ester resins and gel coats will increase up to $0.30 per pound. This increase will take effect for all shipments on or after June 5th, 2021.
Basic raw materials continue to increase due to shortages and limited supply in all areas. Styrene, epoxy, isophthalic acid, fumed silica and others have further escalated. Availability is tight from all suppliers as demand remains high. Freight and packaging costs are also increasing on a regular basis. Interplastic will continue to work with suppliers to make sure we are able to maintain a consistent supply of products.
About Interplastic Corporation
Interplastic Corporation is a specialty chemical company with its headquarters in St. Paul, Minnesota. The company focuses on the production and sale of unsaturated polyester and vinyl ester resins, gel coats, adhesives & compounds and colorants for the composites and cast polymer industries. Interplastic is ISO 9001:2015 and ISO 14001:2015 certified. Interplastic Corporation is a subsidiary of IP Corporation, a specialty chemical company with its headquarters in St. Paul, Minnesota.
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