DSM Engineering Plastics announces a price increase of EUR150/ton for all
Yparex® extrudable adhesive resins. The price increase is effective as from 1
July 2008 or as contracts permit on all shipments.
According to Wouter van den Berg, Product Manager Yparex, “The price
adjustment reflects escalating costs that can no longer be offset by improving
productivity. The increase is to compensate for the exceptionally high cost of
the ethylene feedstock for the Yparex range of resins. We are also faced with
higher transport costs driven by rising fuel prices and higher manufacturing
cost resulting from increasing energy costs. At the same time, the price
increase has become an absolute necessity as DSM Engineering Plastics
continues to invest in innovation directed to new products and technology
developments for our customers."
