SOURCE: DynaEnergetics

DynaEnergetics

November 22, 2013 11:36 ET

DynaEnergetics Announces Global Pricing Increase

TROISDORF, GERMANY--(Marketwired - Nov 22, 2013) -  DynaEnergetics today announced a general price increase effective on all orders shipped on or after January 1, 2014, or as soon as current contractual agreements allow. This increase being made to address higher material, logistics and service costs.

The price increase is applicable to all products globally and varies by product line, but generally ranges from 2% to 8%. Customers will be contacted by their DynaEnergetics Account Managers over the coming weeks to discuss the specific price increases and implementation details.

DynaEnergetics remains committed to investing in quality and innovation in addition to improving operational efficiencies that ensure price increases are kept to a minimum, while also maximizing product performance and allowing customers to remain competitive in their respective markets.

About DynaEnergetics
DynaEnergetics designs, manufactures and supplies comprehensive perforating and well completion systems for the global oil and gas industry. The business's 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 perforating and well completion sectors. DynaEnergetics is a business of DMC, a public company trading on Nasdaq.

Contact Information

  • Contact:
    Ian Grieves
    President
    DynaEnergetics
    Office +49.2241.1236.770
    Email Contact