Effective August 11, DSM NeoResins+ and DSM NeoSol will increase prices in the
North American region for waterborne, UV and solvent borne resins from $0.06
to $0.10 / lb. This affects the entire Coating Resins and Graphic Arts
portfolio.
Chris Farrell, Commercial Director Americas DSM NeoResins+ explains; "With
the extraordinary escalation in oil prices, raw materials, and transportation
costs, our price action is necessary to recover these increases. While we
continue to increase productivity and efficiency, these increases will allow
our company to continue to supply our high quality products to the markets and
to invest in new technologies and new products for our customers.” DSM
continues to implement cost saving initiatives to compensate for rising costs.