DSM NeoResins+ will introduce a price increase of up to 10 €ct/kg, depending on the product, for solvent borne polyesters, solvent borne acrylic and solvent borne alkyd resins in Europe, Middle East and Africa as a result of increasing costs of solvents and other raw materials. The price increase will be effective as per July 1, 2009.

Dimitri de Vreeze, Business Unit Director DSM NeoResins+ comments: "We have taken many measures to reduce cost in these difficult times, but we are not jeopardizing our long term overall strategy and commitment to the Industry. We will continue to focus on our customers by bringing new innovations and technologies to the market and by investing in our supply capabilities for the technologies of the future.“