Royal DSM, a global science-based company active in health, nutrition and materials, today announces that significant and continuing cost increases of main raw materials throughout 2017 and early 2018 have caused DSM Engineering Plastics to increase prices globally for several polyamide and thermoplastic polyester products, effective April 1 or as contracts allow.
The price increases are as follows:
- Akulon polyamide (nylon) 6 and 66 products will increase by the equivalent of €175 per metric ton
- Arnite polybutylene terephthalate (PBT) products will increase by the equivalent of €175 per metric ton
- Stanyl polyamide 46 products will increase by the equivalent of €350 per metric ton
- Arnitel co-polyester elastomer (COPE) products will increase by the equivalent of €225 per metric ton.
Royal DSM is a global science-based company active in health, nutrition and materials. By connecting its unique competences in life sciences and materials sciences DSM is driving economic prosperity, environmental progress and social advances to create sustainable value for all stakeholders simultaneously. DSM delivers innovative solutions that nourish, protect and improve performance in global markets such as food and dietary supplements, personal care, feed, medical devices, automotive, paints, electrical and electronics, life protection, alternative energy and bio-based materials. DSM and its associated companies deliver annual net sales of about €10 billion with approximately 25,000 employees. The company is listed on Euronext Amsterdam.