The price increase is €150/tonne. For specific resin, the increase will be higher, depending on the availability of the raw material.

“Due to the exceptional and critical raw material situation of the moment, we unfortunately have to pass this price increase on to our customers on top of the price increase implemented since January,” explains Wilfrid Gambade, Business Director Composite Resins Europe & Global Markets.

DSM Composite Resins is headquartered in Switzerland.