As a result of continued escalations in the costs of key raw materials, DSM Engineering Plastics will increase prices on a global basis for its ARNITEL® and ARNITE® products. Effective 1 May 2010, DSM will increase prices for these products by at least 10% on a global basis.
While DSM Engineering Plastics continues to pursue and implement cost savings initiatives targeted at absorbing the impact of the raw material escalations, this additional increase is necessary to ensure DSM Engineering Plastics’ sustainable long-term growth.
Ute Schick, Global Business Director ARNITEL & ARNITE, says: “Within the strategy of DSM Engineering Plastics we are strongly committed to Innovation and Sustainability. We will continue to work in close partnership with our customers and differentiate through new and greener products.”
