DAK Americas to increase prices for all PSF products
06 May '09
1 min read
Strong Asian demand for paraxylene is driving a global increase in the cost of polyester feed stocks. As a result, the cost of polyester ingredients is moving up dramatically for all global polyester producers.
To remain competitive and to recoup the increases in raw material cost, DAK Americas will increase prices for all PSF products.
Effective June 1, 2009; DAK Americas will increase PSF prices by an additional $0.03 per pound. This is in addition to the $0.04 per pound announced for May 1, 2009.
DAK is committed to the staple fibers business and will continue to supply quality products, services and innovation to its customers.