As a result of unprecedented and continuing increases in the costs of its raw materials, DSM Engineering Plastics is required to increase prices for its Akulon PA6 polymers and compounds in Europe. It will also increase prices for Akulon PA6 compounds in North America.
Effective 1 February 2013, DSM will increase prices by € 200/t in Europe, and by at least $0.10/lb in North America.
While DSM Engineering Plastics continues to pursue and implement cost savings initiatives targeted at absorbing the impact of the raw material escalations, this additional increase is necessary to ensure DSM Engineering Plastics’ sustainable long-term growth.