Resolution said the action is being taken to improve operating efficiencies and align the product line with the current competitive environment in the solid epoxy resin market.
Doug Rahrig, vice president, Global Resins Business, said the actions "are designed to streamline our offerings by eliminating small-volume products that no longer fit our core product mix and optimizing product packaging." Jeff Nodland, president and chief operating officer, said the company is working with customers to provide alternative resins from the company's remaining product offerings.