1 Jul 2008
DSM RAISES THE PRICE OF YPAREX® EXTRUDABLE ADHESIVE RESINS
DSM Engineering Plastics announces a price increase of EUR150/ton for all Yparex® extrudable adhesive resins. The price increase is effective as from 1 July 2008 or as contracts permit on all shipments.
According to Wouter van den Berg, Product Manager Yparex, “The price adjustment reflects escalating costs that can no longer be offset by improving productivity. The increase is to compensate for the exceptionally high cost of the ethylene feedstock for the Yparex range of resins. We are also faced with higher transport costs driven by rising fuel prices and higher manufacturing cost resulting from increasing energy costs. At the same time, the price increase has become an absolute necessity as DSM Engineering Plastics continues to invest in innovation directed to new products and technology developments for our customers."
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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.
Editorial enquiries
Sandra Coolen
DSM Engineering Materials
Nancy van Heesewijk
EMG