News Flash

DAK Americas to raise polyester staple fiber price

19 Dec '05

1 min read

Polyester staple fibers maker DAK Americas announces polyester staple fiber price increase. Effective January 1, 2006, DAK Americas LLC will drop all surcharges for polyester staple charged as a result of hurricane damage on the US Gulf Coast.

During the hurricane surcharge period, global costs of raw materials and energy have increased as the North American region recovered from the supply chain disruption.

As a result, the industry is in an environment of higher energy, transportation and raw material cost compared to pre hurricane levels.

Effective for January 1, 2006 shipments, DAK Americas LLC will increase polyester staple fiber prices by 4 cpp for all products sold to carpet, home furnishings, apparel, industrial, and fiberfill markets.

North Carolina based 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).

Alpek is the petrochemicals and synthetic fibers business group of Alfa. Alfa is among Mexico's largest private corporations - revenues of US $4.6 billion in 2001.

DAK Americas

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