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DAK Americas applies $.15/lb price surcharge on polyester staple fiber

06 Sep '05

1 min read

North Carolina based of terephthalic acid (TPA), polyester resins and polyester staple fibers business firm DAK Americas LLC announces Force Majeure.

Due to the major event on the US Gulf Coast, polyester raw material cost and availability are uncertain.

DAK Americas began notifying its polyester staple customers that all of its staple fibre products sold to carpet, home furnishings, apparel, industrial, and fiberfill markets will be subject to a $.15/lb price surcharge, effective September 5, 2005.

This surcharge is intended to capture the dramatic increase in raw material ingredient and energy cost associated with the events on the US Gulf Coast.

DAK Americas understands the stress that the entire fiber industry is facing, but it must offset these ingredient increases in order to remain a quality supplier in this market. DAK Americas remains committed to the polyester staple business.

US leading polyester staple fibers maker DAK Americas, is a wholly owned subsidiary of Alpek S.A. de C, the petrochemicals and synthetic fibers business group of Alfa S.A. de C.V. DAK Americas is comprised of three business units Resins (PET), Fibers (Polyester Staple) and Monomers (TPA- ingredients).

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