DSM Engineering Plastics Increases Prices in EMEA Region
Nov 13, 2006
DSM Engineering Plastics has announced a price increase for a number of polymers effective throughout the EMEA region from January 1st, 2007.
According to Jos Goessens, Business Group Director for DSM Engineering Plastics: "The costs of energy, critical raw materials, transport and utilities for the manufacturing and supply of various DSM Engineering Plastics have been continuously high and in some cases (for example flame retardants, BDO), still increasing. DSM has been doing its up most to reduce the effects of these increases by ongoing restructuring and efficiency programs without reducing our service level nor our long term investment in R&D and the business in general.
Therefore, we believe that - in order to continue our valuable partnership with customers on a long-term basis - there is no alternative but implementing price increases for below mentioned polymers in de EMEA region."
DSM Engineering Plastics is a business group forming part of DSM's Performance Materials cluster. DSM Engineering Plastics is a global supplier of Stanyl® PA46 and Akulon® 6 and 66 polyamides, Arnitel® TPE-E, Arnite® PBT and PET polyesters, Xantar® polycarbonate, Yparex® extrudable adhesive resins, and Stamylan® UH Ultra High Molecular Weight PE. 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. The business group had annual sales of EUR 705 million in 2005. With Stanyl®, it is the global market leader in high heat polyamides.
