Sittard, NL, 31-Dec-2007
In view of ongoing and continuously increasing feedstock costs (driven by
extremely high oil prices) DSM Elastomers is announcing substantial increases
in Keltan® EP(D)M prices in all regions.
The global price increase is 150 €/mt for Europe, Middle East & Africa and 220
US$/mt for all other regions, involving all Keltan® EP(D)M Products and being
effective January 15th 2008.
Since a sustainable relief in feed costs is not expected in the short to
medium term this substantial price increase is required to enable DSM
Elastomers to sustain it’s business ambitions; continuous capital investments
in assets and innovation programs are imperative to secure optimal support of
our global customer base.