DSM Neoxil, the global leader of sizings and binders for fiber reinforcements,
has announced a price increase on all products as of 1 April, or as pricing
agreements allow. The increase will range from 0.06 to 0.19 Euro/Kg depending
on the product and delivery conditions.
Sergio Quadros, Neoxil Business Director, declares that while efforts continue
to keep costs under control, the increasing effect of crude oil and
inflationary pressures on the industry are unavoidable. The global demand for
chemical raw materials and the volatile currency markets are affecting
business conditions faster and with a stronger impact than realized in the
past.
DSM remains committed to work closely with customers and suppliers to ensure
the most secure supply of consistent quality products for the fiber
reinforcement industry at the best value.