The price increase of €80/tonne will take place on 3 September.
“The price increase is driven by the continued increase in cost for our key raw materials, leaving us no choice but to raise the prices of our products,” reports Fons Harbers, EMEAI Sales Director, DSM Composite Resins.
DSM Composite Resins, a business unit of DSM, is headquartered in Schaffhausen, Switzerland.
- Competitive resin suppliers Ashland, Reichhold, AOC and Scott Bader have already announced similar September price increases for their resins in Europe.