Affects the entire liquid coating resins, adhesives, graphic arts and textiles portfolio
Effective June 1, DSM NeoResins
will increase prices in North America for all its liquid resins with USD $0.04 to USD $0.15 per pound, depending on the product line. The price increase affects the entire liquid coating resins, adhesives, graphic arts and textiles portfolio, including all UV resins, waterborne acrylics, alkyds and urethanes and solventborne acrylics, polyesters, urethanes and acrylic beads.
"This price action is necessary due to the continuing rising cost of our feedstock prices, which has led to significant increases into our costs basis," said Chris Farrell, commercial director Americas, DSM NeoResins.