The price increase of €150 per ton takes place on 10 January 2011.

DSM Composite Resins says the price increase is the result of increased raw materials cost and higher feed stock prices.

“In order to be able to continue our commitment on innovation and to ensure ongoing value-added services, we have to pass this increase on to our customers,” explains Wilfrid Gambade, Business Director Composite Resins Europe & Global Markets.

DSM Composite Resins, headquartered in Switzerland, is part of DSM Resins, a group within the Performance Materials cluster of Dutch life sciences and materials sciences company DSM.