ERJ staff report (DS)
Schenectady, NY -- SI Group said it will implement a general price increase. The company said, "Effective on shipments on or after March 10, 2008 SI Group will be increasing prices on all grades of phenolic resins from 5.5 cents/lb to 9.0 cents/lb depending on product formulation."
The company, previously known as Schenectady International, Inc., blamed the increase on escalating raw material prices
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Press release from SI