DSM Composite Resins, a global leader in Unsaturated Polyester Resins (UPR), is increasing the price of its complete portfolio of resins produced and sold with immediate effect.

Michael Effing, President of DSM Composite Resins, states that the increase is “due to tight supply situation, force majeure at producers and, as a consequence, higher feed stock prices”.

He continues: ”the cost of most of our key raw materials has increased even more than expected in the recent months. In order to be able to continue our commitment on innovation and to ensure ongoing value-added services, we have to pass another increase on to our customers”.

DSM has therefore decided to increase its prices by €150 per ton with immediate effect.

For further information, please contact DSM’s commercial  teams.

About DSM Composite Resins
DSM Composite Resins is part of DSM Resins, a group within the Performance Materials cluster of DSM. DSM Composite Resins is the largest producer of structural resins in Europe with a technically innovative portfolio of resins and gelcoats. The company is expanding globally, especially in China, targeting high added-value segments. Customers are served via dedicated Competence and Expertise Centers and the company owned European FRP distribution business, Euroresins. Since DSM Composite Resins is also the global market leader in Sizings & Binders, vital functional and performance components used in the production of glass fiber reinforcements, the company can claim unique competencies throughout the composites value chain.

DSM – the Life Sciences and Materials Sciences Company
Royal DSM N.V. creates solutions that nourish, protect and improve performance. Its end markets include human and animal nutrition and health, personal care, pharmaceuticals, automotive, coatings and paint, electrical and electronics, life protection and housing. DSM manages its business with a focus on the triple bottom line of economic prosperity, environmental quality and social equity, which it pursues simultaneously and in parallel. DSM has annual net sales of about € 8 billion and employs some 22,700 people worldwide. The company is headquartered in the Netherlands, with locations on five continents. DSM is listed on Euronext Amsterdam. More information: www.dsm.com