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DAK Raises PSF Product Prices

July 30, 2009

Asian growth increases raw material demand.

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 costs, DAK Americas will increase prices for all PSF products by 3 cents per pound, effective next month.