DuPont Packaging & Industrial Polymers raises Resin Prices

DuPont Packaging & Industrial Polymers decision to raise resin prices by 7 cents ($0.07) per pound for all grades of DuPont(TM) Elvax(R), Elvaloy(R) AC and Nucrel(R) specialty resins is in response to strong demand and high energy costs.

This DuPont Packaging & Industrial Polymers resin cost increase will take effect in all regions effective Sept. 1, 2005, or as customer contracts allow.

According to B. C. Chong, vice president DuPont Packaging & Industrial Polymers, "Price adjustments are needed in response to changing market conditions including sustained, record- high raw material and transportation costs.

DuPont is a company founded in 1802 and the DuPont Packaging & Industrial Polymers, business is part of DuPont's Performance Materials platform, which had 2004 sales in excess of $6.6 billon.