Industry News

DSM Powder Coating Resins Announces Price Increase for Europe and Middle East

Published on 2009-09-16. Author : SpecialChem

DSM Powder Coating Resins announces that prices for its Uralac® range of polyester powder coating resins will increase by 6% to 8% depending on the product for deliveries as of 1st of October 2009.

These price increases are necessary due to the cost of feedstock which has been steadily rising since the end of Q1 2009.

Bert Bakker, DSM Powder Coating Resins Business Manager (EMEA), said: "These new prices reflect the increase in the cost of raw materials. As we continue to fund investments in innovations, new products and new technology development for our customers, these adjusted price levels will allow DSM to maintain its supply of high quality products and services and retain its position as a sustainable partner within the performance materials industry."

DSM Powder Coating Resins is the only Global, Committed and Innovative polyester powder coating resins supplier. With an ongoing focus on Innovation, the company designs, manufactures and markets resins for the global powder coatings industry. DSM's Powder Coating Resins products enhance the effectiveness of powder coating technology thanks to a winning combination of features: ecologically sound, cost effective, energy efficient, high performance products. These products are used in a wide range of powder coating applications from architectural, domestic appliance, and automotive to general industrial applications.

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, electrical and electronics, life protection and housing. DSM has annual net sales of EUR 9.3 billion and employs some 23,500 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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