1 Feb 2010
DSM Composite Resins announces UPR price increase
Schaffhausen (CH), February 1st, 2010: DSM Composite Resins, Europe's largest producer of Unsaturated Polyester Resins (UPR) is to introduce a price increase for its entire range of resins and gelcoat products.
The price increase will be in the range of 9-12% depending on the specific products and raw material base, and becomes effective on Feb 15th, 2010, or at the earliest time possible depending on existing individual contracts. The increase is valid for China, Europe, Middle East & Africa.
Michael Effing, President of DSM Composite Resins: “This price increase is the inevitable consequence of continuously rising costs for raw materials and energy. We have taken many measures to reduce cost in these difficult times, without jeopardizing our long term overall strategy and commitment to the industry. We will continue to focus on our customers by bringing new innovations and technologies to the market and by investing in our supply capabilities for the material technologies of the future.”
For further information, please contact DSM’s or Euroresins’s commercial teams.
Reader enquiries
DSM Composite Resins
Stettemerstrasse 28
8207 Schaffhausen
Switzerland
Notes for editors
About Euroresins
Euroresins is Europe’s largest distributor of premium products for the Composites Industry.
Headquartered in Germany, Euroresins is a fast growing network of leading European distribution companies operating in Benelux, United Kingdom, France, Spain, Italy, Germany, Switzerland, Sweden, Norway, Finland, Baltic States, Poland and Turkey.
About DSM Composite Resins
DSM Composite Resins is part of DSM Resins - a group within the Performance Materials cluster of DSM - and is the largest producer of structural resins in Europe and a technology leader in resins for the composites industry. The company is expanding globally, especially in China and India, targeting high added-value segments. Customers are supported via dedicated Centers of Excellence and served either directly or via its Euroresins distribution network. DSM can claim unique competencies throughout the composites value chain. For more information visit the DSM Composite Resins website: www.dsmcompositeresins.com.
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 net sales of EUR 9.3 billion and employs some 23,500 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.
Forward-looking statements
This press release contains forward-looking statements. These statements are based on current expectations, estimates and projections of DSM and information currently available to the company. The statements involve certain risks and uncertainties that are difficult to predict and therefore DSM does not guarantee that its expectations will be realized. Furthermore, DSM has no obligation to update the statements contained in this press release. The English language version of the press release is leading.
Editorial enquiries
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DSM Composite Resins
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EMG
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