5 Jun 2008
DSM INCREASES PRICES OF ITS POLYESTER PORTFOLIO IN EMEA REGION
DSM Engineering Plastics has announced a price increase for its range of polyester resins in Europe, effective June 15th, or as contracts permit, for all shipments. These increases affect both Arnitel® TPE and Arnite® PBT and PET products.
The specific increases are as follows:
• Arnite (PBT and PET) €150/ton increase
• Arnitel (TPE-E) €150/ton increase
Fredric Petit, Global Business Manager for DSM Engineering Plastics: "These new prices reflect the increase in the cost of petrochemical raw materials, transportation and energy. As we continue to fund investments in innovations, new products and new technology development for our customers, these adjusted price levels will allow DSM to maintain its supply of high quality products and services and retain its position as a sustainable partner within the performance materials industry."
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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 2007 of EUR 839 million and approximately 1550 employees worldwide. It is one of the world's leading suppliers of engineering thermoplastics offering a broad portfolio of high performance products including Stanyl® high performance polyamide 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.
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, electrics and electronics, life protection and housing. DSM has annual sales of almost EUR 8.8 billion and employs some 23,000 people worldwide. The company is headquartered in the Netherlands, with locations on five continents. DSM is listed on Euronext Amsterdam.
More information on DSM can be found at www.dsm.com.
Akulon®, Arnite®, Arnitel®, Stanyl®, Xantar® and Yparex® are registered trademarks of Royal DSM N.V.
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