DSM introduces price increases for its range of Liquid coating resins in Europe, Middle-East and Africa
DSM Coating Resins will introduce a price increase of between 0.10-0.25 €/kg, depending on the product, affecting the entire liquid coatings resins, adhesives and graphic arts product portfolio. The price increase will be effective for shipments on or after April 1, 2012, or as contracts allow. The price increase will affect product ranges like NeoCryl waterborne acrylics and acrylic beads, NeoPac waterborne urethane-acrylics, NeoRez waterborne urethanes, Uraflex / Solucote solventborne urethanes and Uradil waterborne polyesters and alkyds. This price increase is driven by multiple factors in the market, but mainly by continued increasing costs of our raw materials said the company.