DSM to increase prices for all acrylic resins, beads and urethanes in the Asia-Pacific area
The price increase affects the entire Coatings, Adhesives and Graphic Arts portfolio, including NeoCryl™ waterborne acrylics and acrylic beads, NeoPac™ waterborne urethane-acrylics, NeoRez™ waterborne urethanes, NeoRez™, Uraflex™ and Solucote™ solvent borne urethanes and Uracron™ solvent borne acrylics.
Steve Hartig, business unit director DSM NeoResins+ says: “The price increase is necessitated by the continued escalation in the costs of key raw materials. These escalations are driven by a combination of sequential outages and structural capacity removal in these markets. Raw materials involved are acrylate monomers, methacrylate monomers , acrylic acid and its esters, aliphatic isocyanates to name a few.”
DSM NeoResins+ is a leading, committed, global supplier of innovative specialty resins, specialized in the development and manufacturing of resins for the coatings and graphic arts industries.
DSM NeoResins’ brand names NeoCryl, NeoRez, NeoPac, NeoRad, Hybrane, Uralac, Uracron, Urathix and Uradil are well-known throughout the industries world-wide. The company has manufacturing sites in USA, Spain, Germany, Netherlands, and China. DSM NeoResins+ is headquartered in the Netherlands.