DAK Americas increases Polyester Staple Fiber price

February 01, 2011 - United States Of America

Unexpected and significant increase in the cost of paraxylene is impacting the global polyester supply chain. As a result, polyester feedstock costs continue to increase in 2011.

In response to these global market dynamics, DAK Americas will increase prices for all Polyester Staple Fiber (PSF) products.

Effective February 1, 2011; DAK Americas will increase PSF prices by $0.08 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. of Monterrey Mexico. DAK Americas is comprised of four business units: Polyethylene Terephthalate Resins (PET), Polyesters Staple Fibers (PSF), Monomers/ ingredients (TPA/PTA), and Specialty Polymers.