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DSM Coatings Resins Announces New Prices for Solvent borne Alkyds, Aminos, Acrylics and Water borne Alkyd Dispersions

Published on 2007-05-18. Author : SpecialChem

Zwolle,The Netherlands -- DSM Coating Resins announces a general price increase between 5-8% for solvent borne alkyds, aminos, acrylics and water borne alkyd dispersions. The new prices are effective for shipments after June 1, 2007 or as contracts allow. The background of the increase is explained by Business Director DPI, Patrik Lundström:

"The raw material development for resin building blocks have continued to develop unfavorable and on a high level. The insufficient financial result from the past years and the fact we are closing our resin plant in Landskrona, Sweden creates a clear need to make the business sustainable. The market demand is currently very high and the increase is a must to serve the market long term." Patrik Lundström adds: "DSM Coating Resins is steadily increasing development resources to be the true innovative leader in the market to meet and exceed the market demands. In Q2 we launch a high-tech resin in the area of water borne technology and high solids acrylics to manage the VOC-legislations. It is crucial for the coating industry to provide the market with the right solutions and DSM is a dedicated long term business partner".

Source: DSM Coating Resins

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