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DSM Composite Resins is increasing the price of its complete portfolio of resins produced and sold with immediate effect.
Michael Effing, President of DSM Composite Resins, said that the increase is “due to tight supply situation, force majeure at producers and, as a consequence, higher feed stock prices”. He continued: ”the cost of most of our key raw materials has increased even more than expected in the recent months. In order to be able to continue our commitment on innovation and to ensure ongoing value-added services, we have to pass another increase on to our customers”.
DSM has therefore decided to increase its prices by €150 per ton with immediate effect.
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