TCI Powder Coatings will be implementing an adjustment in its selling prices to offset sharp increases in the cost of materials. While the price adjustments will be product specific, it is expected that the overall impact will be approximately a 5% increase.
“We work intensely to build a strong partnership with vendors to assure supply, quality, and innovation in our materials. We intend to always provide the best value in the coatings solutions we develop for our customers."
-Doug Greene, President of TCI Powder Coatings
Polyester, epoxy resins, and titanium dioxide are primary components in many of the company’s products and significant drivers of the cost increases. Global demand for these materials has been strong, while supply has been restricted by plant outages and reductions in capacity from major producers.
To view the full press release, click here.
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