“The continuous rise of raw material costs, energy and transportation costs in the last two years, in combination with our strategic intent to continue guaranteeing full commitment to the glass fibre industry worldwide by providing sustainable innovation, security of supply, continuous high level of product quality and dedicated service, makes this price increase unavoidable,” says Mauro Abagnale, Business Manager Neoxil.

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