DSM Melamine Americas, Inc today is announcing a price increase for all of
its grades of melamine crystal sold within the Americas effective April 1,
2008.
The price increase will be USD 0.06/lb for shipments within North America and
USD130/mt for shipments within South America.
The price increase relates directly to the changing global supply/demand
environment with additional underpinning due to changes in currency values and
raw material costs.
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 Q1 Melamine Industry Update, that DSM will publish on their website next
week, will address global supply/demand changes.
DSM will remain dedicated to serving the growing melamine needs of the North
and South America markets.
