Within the last 6 months the global epoxy raw material costings have been slowing increasing, we are now seeing some increases coming through from anywhere up to 8%. Some of the factors that are effecting the markets are slow growth in the mature markets of the US and Europe increased demand from environmental authorities in the Asian market.

Increased demand on bis phenol-A and Epichlorohydrin used in the production of epoxy resins continues to have the greatest effect on pricing. Increases to raw material pricing on curing agents is also on the increase with increases currently moving up to 5%.

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