The price increase of €50-75/tonne (depending on product) applies to all resins sold in Europe, the Middle East and India and will take effect for all deliveries after 1 September 2014.
This price increase is on top of the increase announced in July 2014.
“The additional 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,” explains Fons Harbers, EMEAI Sales Director, DSM Composite Resins.
- Reichhold has also announced a September price increase for its resins in Europe.