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DSM Hikes Prices for its Range of Liquid Coating Resins in Europe, Middle-East & Africa

Published on 2012-03-30. Author : SpecialChem

DSM Coating Resins will introduce a price increase of between 0.10-0.25 €/kg, depending on the product, affecting the entire liquid coatings resins, adhesives and graphic arts product portfolio. The price increase will be effective for shipments on or after April 1, 2012, or as contracts allow.

The price increase will affect product ranges like NeoCryl waterborne acrylics and acrylic beads, NeoPac waterborne urethane-acrylics, NeoRez waterborne urethanes, Uraflex / Solucote solvent borne urethanes and Uradil waterborne polyesters and alkyds.

Pascal de Sain, DSM Coating Resins, Managing Director for liquid specialty resins comments: "This price increase is driven by multiple factors in the market, but mainly by continued increasing costs of our raw materials. 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 technologies of the future."

About DSM Coating Resins

DSM Coatings Resins is a leading specialty resins supplier for the coatings industry and part of the Performance Materials cluster of Royal DSM N.V. With an ongoing focus on Sustainability and Innovation, the company designs, manufactures and markets resins for metal, plastic and wood coatings, including resins for graphic arts industry, based on a wide range of water borne, UV, powder, and solvent borne technologies. They are the largest producers of polyester resins in the world and one of the largest producers of specialty emulsions with manufacturing sites in USA, Spain, Germany, Netherlands, and China. DSM Coating Resins is headquartered in the Netherlands.

About DSM

Royal DSM N.V. is a global science-based company active in health, nutrition and materials. By connecting its unique competences in Life Sciences and Materials Sciences DSM is driving economic prosperity, environmental progress and social advances to create sustainable value for all stakeholders. DSM delivers innovative solutions that nourish, protect and improve performance in global markets such as food and dietary supplements, personal care, feed, pharmaceuticals, medical devices, automotive, paints, electrical and electronics, life protection, alternative energy and bio-based materials. DSM's 22,000 employees deliver annual net sales of about € 9 billion.

Source: DSM

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