26 Oct 2007
DSM ENGINEERING PLASTICS HAS ANNOUNCED PRICE INCREASES EFFECTIVE THROUGHOUT THE EMEA REGION FROM NOVEMBER 1ST, 2007
DSM Engineering Plastics said in a statement:
DSM Engineering Plastics has absorbed the impact of significant cost increases over an extended period of time. However, the magnitude of on-going cost increases for raw materials, energy, transportation and logistics make product price increases unavoidable. In order for DSM to achieve a suitable return on investments in technology and innovation it is necessary to off-set some of these cost increases through price rises.
The price increases will apply across its range of products.
DSM is fully committed to providing high performance, value-in-use solutions, for its customers. The price rises will enable our commitment to innovation and customer support to continue.
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Mapletree Business City
Singapore 117440
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Notes for editors
DSM Engineering Plastics
DSM Engineering Plastics is a Business Group in the performance materials cluster of DSM, with sales in 2006 of EUR 1005 million (which number includes the sales of DSM Dyneema) and approximately 1300 employees worldwide. It is one of the world's leading suppliers of engineering thermoplastics offering a broad portfolio of high performance products including Stanyl® PA 46 and Akulon® 6 and 66 polyamides, Arnitel® TPE-E, Arnite® PBT and PET polyesters, Xantar® polycarbonate, Yparex® extrudable adhesive resins. These materials are used in technical components for electrical appliances, electronic equipment and cars, in barrier packaging films as well as in many mechanical and extrusion applications. With Stanyl®, it is the global market leader in high heat polyamides.
About DSM
DSM creates innovative products and services in life sciences and materials sciences , contributing 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 enjoyable way of living. End markets include human and animal nutrition and health, personal care, pharmaceuticals, automotive, coatings and paint, electrics & electronics, life protection and housing. The company strategy, Vision 2010 - Building on Strengths , focuses on accelerating profitable and innovative growth of the company's specialties portfolio. The key drivers of this strategy are market-driven growth and innovation, an increased presence in emerging economies and operational excellence. DSM has annual sales of almost €9 billion and employs some 22,000 people worldwide. The company is headquartered in the Netherlands, with locations in Europe, Asia, the Americas, Africa and Australia. More information on DSM can be found at www.dsm.com .
Akulon®, Arnite®, Arnitel®, Stanyl®, Xantar® and Yparex® are registered trademarks of Royal DSM
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Sandra Coolen
DSM Engineering Materials
Nancy van Heesewijk
EMG