2009/11/18 - Charlotte, NC

Global demand for polyester feedstock and the increase in the cost of crude oil are combining to create a significant increase in the cost of basic polyester raw materials.

To remain competitive and to recoup the increased cost of raw material, DAK Americas will increase prices for all Polyester Stable Fiber (PSF) products.

Effective December 1, 2009; DAK Americas will increase PSF prices by $0.03 per pound.

DAK is committed to the staple fibers business and will continue to supply quality products, services and innovation to its customers.

Jon McNaull
Senior Business Director - Fibers
DAK Americas LLC

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About DAK Americas LLC and Alfa S.A.B. de C.V.

DAK Americas (www.dakamericas.com), headquartered in Charlotte, NC., is wholly owned by Alfa S.A.B. de C.V.(www.alfa.com.mx),Monterrey Mexico. DAK Americas is comprised of four business units: Polyethylene Terephthalate Resins (PET), Polyesters Staple Fibers ( PSF), Monomers/ ingredients (TPA), and Specialty Polymers. DAK Americas has five manufacturing operations across the Americas, three in the Southeast United States, and additional facilities in Mexico and Argentina. DAK Americas employs over 1,100 people.

Alfa S.A.B. de C.V. is a Mexican company consisting of four business groups: Alpek (petrochemicals), Nemak (high-tech aluminum auto parts), Sigma (refrigerated food), and Alestra (telecommunications). Alfa is one of the leading producers of cylinder heads and blocks for automotive engines in the world. It is the second largest worldwide producer PTA one of the main ingredients in the production of polyester based resins and fibers. In Mexico, Alfa is the leader of the processed meats market, telecommunications and in the production of petrochemicals. Currently, Alfa has 71 manufacturing operations in 16 countries and employs more than 50,000 people. Alfa shares are quoted on the Mexican Stock Exchange and on Latibex, the market for Latin American stocks in the Madrid Stock Exchange.