Ashland increases price on solvent-based pressure-sensitive adhesives in North America

DUBLIN, OH, Feb. 1, 2010 (Press Release) - Ashland Performance Materials, a commercial unit of Ashland Inc., is increasing the price of its Aroset® solvent-based pressure-sensitive adhesive products by 8 cents per wet pound in North America effective March 1, or at the earliest possible time thereafter depending on individual customer contracts.

"The price increase is necessary to offset continuing cost escalation of key raw materials used to manufacture these products," said David Hatgas, director, global product management, adhesives and coatings, Ashland Performance Materials. "Responding to changing market conditions allows Ashland to continue to provide innovative products and industry-leading product support that add value for customers."

Ashland Performance Materials is the global leader in unsaturated polyester resins and epoxy vinyl ester resins. In addition, it provides customers with leading technologies in gelcoats, pressure-sensitive and structural adhesives, coatings and metal casting consumables and design services.