CHARLOTTE — August 19, 2011 — Global paraxylene supply to the polyester industry is very tight,
with production struggling to meet demand from existing PTA plants. New PTA operations in Asia are
putting further pressure on an already strained paraxylene supply chain. Compounding these
challenges, a major Asian PX facility has been immediately shut down in response to social concerns
about its operation.
As a result, a significant increase in the global cost of paraxylene is working through the
polyester value chain.
Due to the increased cost of polyester raw materials, DAK Americas will increase prices for
all Polyester Staple Fiber (PSF) products.
Effective September 1, 2011; DAK Americas will increase PSF prices by $0.04 per pound.
DAK is committed to the polyester staple fibers business and will continue to supply quality
products, services and innovation to its customers.
Posted on August 22, 2011
Source: DAK Americas LLC