The price increase affects the entire textile, adhesives and graphic arts portfolio, including NeoCryl waterborne acrylics and acrylic beads, NeoPac waterborne urethane-acrylics, NeoRez waterborne urethanes, NeoRez, Uraflex and Solucote solvent borne urethanes and Uracron solvent borne acrylics.
Also effective Dec. 1, 2010 or as contracts allow, DSM NeoResins+ will increase prices in Europe, Middle East, Africa (EMEA) and Latin America for all its liquid acrylic and styrene-acrylic resins, beads and urethane resins with €0.10 to €0.15 per kg, depending on the product line and product. For some products the increase will even be higher, depending on the dynamics of the specific raw material. The price increase affects the entire coatings, adhesives and graphic arts portfolio.
“The price increase is necessitated by the continued escalation in the costs of key raw materials,” Steve Hartig, business unit director DSM NeoResins+, said. “These escalations are driven by a combination of sequential outages and structural capacity removal in these markets. Raw materials involved are acrylate monomers, methacrylate monomers, acrylic acid and aliphatic isocyanates, to name a few.”