Industry News

DSM NeoResins+ and DSM NeoSol to Increase Prices for Waterborne, UV and Solvent Borne Resins in North America

Published on 2008-07-21. Author : SpecialChem

Effective August 11, DSM NeoResins+ and DSM NeoSol will increase prices in the North American region for waterborne, uv and solvent borne resins from $0.06 to $0.10 / lb. This affects the entire Coating Resins and Graphic Arts portfolio.

Chris Farrell, Commercial Director Americas DSM NeoResins+ explains; "With the extraordinary escalation in oil prices, raw materials, and transportation costs, our price action is necessary to recover these increases. While we continue to increase productivity and efficiency, these increases will allow our company to continue to supply our high quality products to the markets and to invest in new technologies and new products for our customers." DSM continues to implement cost saving initiatives to compensate for rising costs.

Source: DSM NeoResins

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