DynaEnergetics Announces Global Price Increase

HOUSTON, Jan. 31, 2018 (GLOBE NEWSWIRE) -- DynaEnergetics announced it is implementing a global price increase applicable to all products.  The increase varies by product line and generally ranges from 5% to 8%. Account managers have been contacting customers throughout January with specific adjustments and implementation details.

“Well completion activity is accelerating across our global markets,” said Ian Grieves, president. “As our customers work to keep pace with the recovery, our advanced products and systems are enabling improved efficiencies, greater reliability and lower operating costs.  We remain focused on providing customers with new technologies, products and systems that enhance their competitiveness in a rapidly evolving market.”

About DynaEnergetics
DynaEnergetics designs, manufactures and supplies comprehensive perforating and well 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 perforating and well completion sectors. DynaEnergetics is a business of publicly traded DMC Global Inc., which trades on Nasdaq under the symbol “BOOM”.

Contact:
Ian Grieves,
President
DynaEnergetics
+49.2241.1236.770
ian.grieves@dynaenergetics.com

Released January 31, 2018