The price increase is €150 per ton.

DSM Composite Resins, headquartered in Switzerland, is a global producer of unsaturated polyester resins.

According to Michael Effing, President of DSM Composite Resins, the increase is “due to tight supply situation, force majeure at producers and, as a consequence, higher feed stock prices.”

DSM Composite Resins is part of DSM Resins, a group within the Performance Materials cluster of DSM.