Industry News

DSM Powder Coating Resins Announce Price Increases for Europe, Middle East and Africa

Published on 2008-06-27. Author : SpecialChem

Zwolle, The Netherlands -- DSM Powder Coating Resins has announced a price increase for its range of Uralac® Powder Coating Resins effective for shipments from 14 July 2008 or as contracts allow. Prices are increased by up to 0.12 €/kg depending on the grade. Malcolm Saggers, Sales Director for EMEA said that the increases were necessary due to the surge in feedstock and energy costs. Saggers continues: "DSM has mostly absorbed recent hikes in feedstock and, in particular, escalating energy costs but further sharp increases in these costs now force us to adjust our own prices".

About DSM Powder Coating Resins:

DSM is a leading global supplier and innovator of powder coating resins with manufacturing facilities located in North America, Spain, The Netherlands, Taiwan and China. Through its unrivalled investments in Innovation and its continuing expansion of capacities DSM Powder Coating Resins demonstrates the long term commitment to its powder coating customers. In partnerships with customers, DSM innovation will further grow the use of Powder Coatings as Powder increasingly becomes the system of choice.

Powder coating resins are used in a broad variety of industrial coating applications like white goods, cars & car parts, building & construction, and machinery.

About DSM:

Royal DSM N.V. creates innovative products and services in Life Sciences and Materials Sciences that contribute to the quality of life. DSM’s products and services are used globally in a wide range of markets and applications, supporting a healthier, more sustainable and more enjoyable way of life. End markets include human and animal nutrition and health, personal care, pharmaceuticals, automotive, coatings and paint, electrics and electronics, life protection and housing. DSM has annual sales of almost EUR 8.8 billion and employs some 23,000 people worldwide. The company is headquartered in the Netherlands, with locations on five continents. DSM is listed on Euronext Amsterdam.

Source: DSM

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