Primarily as a result of the continuing tight supply/demand balance, besides
currency deviations, logistics and raw material costs, DSM Kaltim Melamine is
making the following price announcement.
Effective with shipments April 1, 2008 the Q2 contract price of MelaminebyDSM™
will be increased by USD 150/mt, compared to Q1 2008.
Once again these actions are necessary in order to make progress in returning
our global melamine business to a satisfactory level of profitability, which
has been lacking during the past few years.
The Q2 Melamine Industry Update, that DSM will publish on their website next
week, will address global supply/demand changes.
DSM Kaltim Melamine, together with the joint venture company in China, Shanxi
Fenghe Melamine Co., Ltd. will remain dedicated to serving the growing
melamine needs of the Asian Pacific markets.