Industry News

DSM increases prices for its Uralac™ range of Polyester Powder Coating Resins in North America as of July 1

Published on 2007-06-07. Author : SpecialChem

Zwolle,The Netherlands -- Recent price hikes for crucial feedstocks forces DSM to raises prices for its Uralac™ Polyester Powder Coating resin range sold in North America by up to $0.06/lb, differentiated by product grade. These prices will be effective for all orders shipped on or after July 1, 2007 or as otherwise permitted by the terms and conditions of customer contracts.

Gerben Algra, Global Business Director for Powder coating resins, comments: " Supply interruptions and allocations plus a high demand in the feedstocks part of the PCR value chain have resulted in price hikes for Terephthalic Acid, Isophthalic Acid, Adipic Acid, and Trimellitic Anhydride. No short term relief is expected due to upcoming maintenance shutdowns and seasonal demand upswings for DSM's feedstocks in the next quarter."

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

Source: DSM

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