14 Aug 2009
DSM COMPOSITE RESINS INCREASES PRICES FOR ITS ENTIRE RANGE OF RESINS
Schaffhausen, 14-08-2009 - Today, DSM Composite Resins announces a price increase for its entire range of resins in the magnitude of 115 €/mt. This increase is valid for Europe, the Middle East and Africa and will come into effect by 1 September 2009, or at the earliest time possible, depending on existing individual contracts.
Since the continuous rise of raw material costs has been fully absorbed by DSM Composite Resins for as long as possible, the price increase has become unavoidable.
DSM will continue to focus on its five business segments (Automotive, Tanks/Pipes/Relining, Building and Infrastructure, Advanced Composites, Marine and Fiber glass sizing,) and provide the composite market with new product innovation, high level of product quality and dedicated services.
For further information, please contact DSM’s commercial teams.
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DSM Composite Resins
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8207 Schaffhausen
Switzerland
Notes for editors
About DSM Composite Resins
DSM Composite Resins is part of DSM Resins - a group within the Performance Materials cluster of DSM - and is the largest producer of structural resins in Europe and a technology leader in resins for the composites industry. The company is expanding globally, especially in China and India, targeting high added-value segments. Customers are supported via dedicated Centers of Excellence and served either directly or via its Euroresins distribution network.
DSM can claim unique competencies throughout the composites value chain. For more information visit the DSM Composite Resins website: www.dsmcompositeresins.com.
DSM – the Life Sciences and Materials Sciences Company
Royal DSM N.V. creates innovative products and services in Life Sciences and Materials Sciences that contribute to the quality of life. DSM’s products and services are used globally in a wide range of markets and applications, supporting a healthier, more sustainable and more enjoyable way of life. End markets include human and animal nutrition and health, personal care, pharmaceuticals, automotive, coatings and paint, electrical and electronics, life protection and housing. DSM has annual net sales of EUR 9.3 billion and employs some 23,500 people worldwide. The company is headquartered in the Netherlands, with locations on five continents. DSM is listed on Euronext Amsterdam. More information: www.dsm.com.
John Gallagher