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DAK Americas to increase prices for all PSF products

29
Jul '09
An upswing in the demand for Asian polyester raw materials has resulted in an unexpected and significant increase in global demand for polyester feed stock.

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 August 16, 2009; DAK Americas will increase PSF prices by $0.03 per pound.

DAK is committed to the 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., Monterrey Mexico. DAK Americas is comprised of four business units: Polyethylene Terephthalate Resins (PET), Polyesters Staple Fibers ( PSF), Monomers/ ingredients (TPA), and Specialty Polymers. DAK Americas has five manufacturing operations across the Americas, three in the Southeast United States, and additional facilities in Mexico and Argentina. DAK Americas employs over 1,100 people.

Alfa S.A.B. de C.V. is a Mexican company consisting of four business groups: Alpek (petrochemicals), Nemak (high-tech aluminum auto parts), Sigma (refrigerated food), and Alestra (telecommunications).

DAK Americas


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