DSM Powder Coating Resins announces a price increase per June 1st 2010 for Europe, Middle East and Africa

17-May-2010 - Netherlands

DSM Powder Coating Resins announced its second price increase for 2010 for its range of Uralac® Powder Coating Resins sold in Europe, Middle East and Africa effective for all orders shipped on or after June1st, 2010 or as otherwise permitted by the terms and conditions of customer contracts. Prices are increased by between 0.10 - 0.12 EUR/kg.

Bert Bakker, Business Director EMEA , explains: " Prices are being adjusted due to strong increased costs for feedstock used in the manufacture of polyester powder coating resins. We will continue all our efforts in ensuring a consistent supply of our key raw materials to guarantee security of supply to our customers."

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