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DSM to increase prices for its compounds

December 07/2010

(DSM) -- DSM Engineering Plastics has announced its intention to increase prices for its Akulon PA6 and PA66 compounds. This increase, which will be effective immediately, is to offset continued escalations in the costs of key raw materials.


While DSM Engineering Plastics continues to pursue and implement cost savings initiatives targeted at absorbing the impact of these raw material escalations, this increase is necessary to safeguard DSM Engineering Plastics sustainable long-term growth.


Due to strong demand in the China market, all regions are experiencing cost increases for flame retardants, glass and other key raw materials, with the strongest additional cost increases of up to $250/Ton being realized in Asia.


Similar appropriate action has already been taken in our polymers and high viscous PA6 business and we feel that we have no choice but to implement this increase for compounds as well, said Richard Pieters, Global Business Director Akulon/Novamid.


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DSM to increase prices for its compounds
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