Industry News

DSM Coating Resins announces price increase in North America for its Polyester Powder Coating Resins

Published on 2006-05-16. Author : SpecialChem

Zwolle,The Netherlands -- DSM Coating Resins´ Gerben Algra, Global Business Manager Polyesters, announced today a price increase for the Uralac™ range of polyester powder coating resins. Prices for all polyester powder coating resin grades, other than superdurable grades, will increase by $0.04/lb. Prices for superdurable resin grades will increase by $0.08/lb. These prices will be effective for all orders shipped on or after June 1, 2006 or as otherwise permitted by the terms and conditions of customer contracts.

DSM with five polyester powder resin plants is a leading global supplier of resin for Powder Coatings. Powder Coatings are used in architectural, domestic appliance, automotive and general industrial applications.

Algra says: "The short market for raw materials and increasing prices of global feedstock for raw materials such as Purified Isophthalic Acid and Purified Terephthalic Acid compels us to increase prices to recover some of these extra costs."

Source: DSM Coating Resins

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