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DSM Composite Resins has today announced a price increase for its complete portfolio of resins sold in Europe, Middle East and India by 80-100 Euros per ton (depending on product and resin chemistry).
The price increase will take effect for all new deliveries after October 1, 2013.“The price increase is driven by the continued increase in cost for our key raw materials, leaving us no choice but to raise the prices of our products”, explains Fons Harbers, EMEAI Sales Director. About DSM:DSM is a global science-based company active in health, nutrition and materials. By connecting its unique competences in Life Sciences and Materials Sciences DSM is driving economic prosperity, environmental progress and social advances to create sustainable value for all stakeholders. DSM delivers innovative solutions that nourish, protect and improve performance in global markets such as food and dietary supplements, personal care, feed, pharmaceuticals, medical devices, automotive, paints, electrical and electronics, life protection, alternative energy and bio-based materials. DSM’s 23,500 employees deliver annual net sales of around €9 billion. The company is listed on NYSE Euronext. DSM Composite Resins is a business unit of DSM headquartered in Schaffhausen Switzerland.More information:www.dsm.com