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DSM Coating Resins to raise Alkyd Resin prices
Zwolle,The Netherlands,7 Jan 2004

DSM Coating Resins will increase prices for solvent-borne liquid alkyd coating resins, by a minimum of € 0,05 per kg as of February 1 2004. The market for solvent-borne alkyd resins sold to the coatings industry has been weak for some time and there has been a prolonged period of margin erosion. A price increase is therefore seen as essential to reinstate profitability and to help fund the investments that the company will need to make in the near future.

For more information:
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+ 31 38 4569569
coating.resins@dsm.com
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