DSM will increase the price for its Akulon and Novamid polyamide 6 polymers and compounds in Europe by 150 euro/ton. The price adjustment is a result of increasing raw material prices and will take effect for all orders shipped on or after May 1, 2015 where contracts allow.
While DSM 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's sustainable long-term position as leading supplier of engineering plastics.