DSM: Price increase for PA6 and PA66 compounds

To offset escalating material costs, DSM Engineering Plastics is to increase prices on a global basis for its Akulon PA6 and PA66 compounds. Effective 1 April 2012, DSM will increase prices by € 200/t in Europe and Asia Pacific Regions. Effective March 19 DSM will increase prices by $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 declared to be necessary to ensure DSM Engineering Plastics' sustainable long-term growth.