DSM DYNEEMA ANNOUNCES PRICE INCREASE FOR ALL FIBER AND UNI-DIRECTIONAL PRODUCT LINES
The Netherlands, 16 October 2013 - DSM Dyneema, the manufacturer of ultra high molecular weight polyethylene (UHMwPE) fiber, branded as Dyneema®, and world leader in life protection materials and high performance fibers, has informed its customer this week of a global price increase of 5% for all DSM Dyneema fiber and uni-directional (UD) product lines. The price increase will be effective as per January 1st 2014 or as contracts allow.
About DSM Dyneema
DSM Dyneema is the inventor and manufacturer of Ultra High Molecular Weight PolyEthylene (UHMWPE) fiber branded as Dyneema®, the world’s strongest fiber™. Dyneema® offers maximum strength combined with minimum weight. It is up to 15 times stronger than quality steel and up to 40% stronger than aramid fibers, both on weight for weight basis. Dyneema® fiber floats on water and is extremely durable and resistant to moisture, UV light and chemicals.
The applications are therefore more or less unlimited. Dyneema® is an important component in ropes, cables and nets in the fishing, shipping and offshore industries. Dyneema® is also used in safety gloves for the metalworking industry and in fine yarns for applications in sporting goods and the medical sector. In addition, Dyneema® is also used in bullet resistant armor and clothing for police and military personnel.
UHMWPE fiber from DSM Dyneema is produced in Heerlen (The Netherlands) and in Greenville, North Carolina (U.S.A.). DSM Dyneema is also a partner in a high modulus polyethylene (HMPE) manufacturing joint venture in Japan. Further information on DSM Dyneema is available at www.dyneema.com.
DSM – Bright Science. Brighter Living.™
Royal DSM is a global science-based company active in health, nutrition and materials. By connecting its unique competences in Life Sciences and Materials Sciences DSM is driving economic prosperity, environmental progress and social advances to create sustainable value for all stakeholders. DSM delivers innovative solutions that nourish, protect and improve performance in global markets such as food and dietary supplements, personal care, feed, pharmaceuticals, medical devices, automotive, paints, electrical and electronics, life protection, alternative energy and bio-based materials. DSM’s 23,500 employees deliver annual net sales of about €9 billion. The company is listed on NYSE Euronext. More information can be found at www.dsm.com.