17 Feb 2011
DSM ENGINEERGING PLASTICS ANNOUNCES PRICES INCREASES FOR STANYL
Due to unprecedented and continued escalations in key raw materials costs (such as adipic, glass fiber, flame retardants and others), DSM Engineering Plastics is forced to increase prices for its Stanyl® product range on top of 2010 price increases.
DSM remains committed to continued implementation of cost-saving initiatives, however, escalating costs necessitate this additional increase to sustain DSM Engineering Plastics’ position as an innovative and reliable supplier.
DSM will increase its prices for Flame retardant grades by 300 €/t or 450 $/tonne and non Flame retardant grades by a minimum 200 €/tonne or 270 $/tonne latest by 1 March 2011. These increases are on top of those already implemented during 2010.
Ivo Lansbergen, Global Business Director Stanyl, says: “Within the strategy of DSM Engineering Plastics we are strongly committed to innovation and sustainability. We will continue to work in close partnership with our customers and differentiate through new, cost effective and greener products.”
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Notes for editors
DSM Engineering Plastics
DSM Engineering Plastics is one of the world's leading suppliers of quality engineering thermoplastics providing customer value through sustainable solutions that reflect the DSM People, Planet and Profit strategy. DSM Engineering Plastics delivers innovative opportunities for customers who design or produce electrical applications, electronic equipment, cars, barrier packaging films as well as many mechanical and extrusion applications. These markets are served with a broad portfolio of high performance materials including Akulon® and Novamid® 6 and 66 polyamides, Arnitel® TPC, Arnite® PBT and PET polyesters, Yparex® extrudable adhesive resins, and Stanyl® high heat 46 polyamides. Most recently, DSM Engineering Plastics has introduced the first new polymer of the 21st century: Stanyl® ForTii™ and has expanded her portfolio with two bio-based, high performance engineering plastics, EcoPaXX™ and Arnitel® Eco. DSM Engineering Plastics had sales in 2009 of EUR 648 million and employs some 1600 people worldwide More on: www.dsmep.com.
DSM – the Life Sciences and Materials Sciences Company
Royal DSM N.V. creates solutions that nourish, protect and improve performance. Its end markets include human and animal nutrition and health, personal care, pharmaceuticals, automotive, coatings and paint, electrical and electronics, life protection and housing. DSM manages its business with a focus on the triple bottom line of economic performance, environmental quality and social responsibility, which it pursues simultaneously and in parallel. DSM has annual net sales of about € 8 billion and employs some 22,700 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.
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Akulon®, Arnite®, Arnitel®, EcoPaxx™, Stanyl®, Stanyl® ForTii™, Novamid® and Yparex® are registered trademarks of Royal DSM N.V.
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Mirelle van der Kreeft
DSM
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EMG