6 Oct 2008
DSM INCREASES PRICES OF ITS ENGINEERING PLASTICS IN EMEA
DSM Engineering Plastics has announced a price increase for a number of its materials in EMEA regions. Effective 1 January 2009, or as contracts permit, the following increases will be implemented for all shipments.
The specific increases are as follows:
• Akulon® Injection Molding Grades €200/ton
• Arnite® PET and PBT min. €150/ton
• Arnitel® TPC min. €150/ton
• Xantar® C General Purpose PC/ABS €300/ton
According to a spokesperson for DSM Engineering Plastics, “Price increases are necessary to offset the surge in energy costs and raw materials used to produce and transport these grades which have further eroded margins. Without this action our ability to invest in innovation directed to new products and technology developments for our customers would be impacted.”
Reader enquiries
DSM Engineering Materials
30 Pasir Panjang Road #13-31
Mapletree Business City
Singapore 117440
Singapore
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