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DSM Neoxil announces price increase on fiber sizings and binders
Schaffhausen,Switzerland,17-Mar-2008

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.

For more information:
Kristel van Haaren
Tel: +41 52 644 12 18
kristel.haaren-van@dsm.com
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