Resonac To Increase Sales Prices Of Copper-clad Laminates, Prepregs By 30% Effective March 1
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Resonac Corp. announced a 30% increase in sales prices for copper-clad laminates and prepregs, effective March 1, due to rising raw material costs, including copper foil and glass cloth. The company cited supply-demand imbalances and increased labor and transportation costs as contributing factors to the challenging business environment. Despite previous cost-cutting measures, the desired results were not achieved. Resonac's stock (SHWDY.PK) rose 4.3% to $44.45 on Thursday.
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