Effective October 1, DSM NeoResins+ and DSM NeoSol will increase prices in the
North American region for waterborne polyurethane, solvent borne polyurethane
and waterborne urethane/acrylic resins with $0.10 / lb. This price increase
affects the entire Coating Resins, Adhesives and Graphic Arts portfolio. Chris
Farrell, Commercial Director Americas DSM NeoResins+ explains; "With
the new escalation in raw materials, especially in Isocyanates and Polyols,
our price action is necessary to recover these increases. While we continue to
raise productivity and efficiency, these price 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.