DIC Announces Sales Price Revisions for Epoxy Resins and …

In recent months, prices for key raw materials used in epoxy resins and epoxy resin curing agents— including epichlorohydrin, phenols and solvents—have risen, owing to unseasonable weather worldwide and issues affecting producers, as well as to steadily climbing crude oil prices and raw materials supply concerns arising from the tightening of environmental regulations in the PRC. The situation has been exacerbated by mounting utility and logistics costs, attributable to delivery delays caused by COVID-19–related port disruptions and to soaring fuel prices.