EXTON, Pa., March 21—Sartomer Co. said it will boost prices of its Norsolene hydrocarbon resins cents a pound on May 1.
The price hike for the raw material used in elastomers, adhesives, coatings and other applications is the result of continuing increases in energy and raw material costs, the company said. Sartomer also blamed environmental, regulatory and safety issue costs for the higher prices.