TROISDORF, GERMANY — (Marketwired) — 12/01/14 — DynaEnergetics today announced a general price increase effective on all orders placed after January 1, 2015, or as soon as current contractual agreements allow. This adjustment is being implemented to address increased material, logistics and service costs.
The price increase is applicable to all products globally and ranges from 2% to 8% depending on product line. Customers will be contacted by their DynaEnergetics Account Managers to discuss specific price adjustments and implementation plans.
DynaEnergetics remains committed to investing in quality and innovation while concurrently keeping price increases to a minimum through operational efficiency. The business– enduring focus on maximizing product performance is allowing customers to remain competitive in their respective markets.
DynaEnergetics designs, manufactures and supplies comprehensive well perforating and completion systems for the global oil and gas industry. The business– products are designed to enhance productivity, operational efficiency and safety in conventional and unconventional oil and gas wells. Continuous investments in quality, service and innovation keep DynaEnergetics and its customers at the forefront of the well perforating and completion sectors. DynaEnergetics is a business of DMC, a public company trading on Nasdaq.
Ian Grieves President DynaEnergetics Office +49.2241.1236.700
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