DAK Americas increases PSF prices, effective Feb 1
11 Jan '12
1 min read
Due to the increasing cost of polyester raw materials, DAK Americas will increase prices for all Polyester Staple Fiber (PSF) products $0.05 per pound effective February 1, 2012.
This increase is a result of high operating rates in the global paraxylene market, as a significant increase in the global cost of paraxylene is working through the polyester value chain.
DAK is committed to the polyester staple fibers business and will continue to supply quality products, services and innovation to its customers.
DAK Americas, headquartered in Charlotte, NC, is wholly owned by Alfa S.A.B. de C.V. of Monterrey Mexico. DAK Americas is comprised of four business units: Polyethylene Terephthalate Resins (PET), Polyesters Staple Fibers (PSF), Monomers/ ingredients (TPA/PTA), and Specialty Polymers.
Alfa S.A.B. de C.V.is a Mexican company comprising four business groups: Alpek (petrochemicals), Nemak (aluminum auto components), Sigma (refrigerated food) and Alestra (telecommunications). ALFA is the world's leading manufacturer of high-tech aluminum engine heads and blocks.