Industry News

DSM Increases Prices for its Uralac™ Range of Polyester Powder Coating Resins in North America as of July 16, 2008

Published on 2008-06-20. Author : SpecialChem

Zwolle,The Netherlands -- John Leonard, DSM North American Business Director for Powder Coating Resins, comments that rapidly increasing prices for crucial feedstocks and the increasing costs of freight, energy, and packaging force DSM to act and raise prices for its Uralac™ Polyester Powder Coating resin range sold in North America by $0.05 - $0.09/lb depending on the grade. These prices will be effective for all orders shipped on or after July 16, 2008 or as otherwise permitted by the terms and conditions of customer contracts. This price increase is in addition to the $0.05/lb price increase that went into effect June 1, 2008.

DSM is making every effort to minimize the impact of these cost increases to our customers. However, DSM does not see relief coming in the price of raw materials used in the production of polyester powder coating resins, energy or fuel related costs.

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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