DynaEnergetics Announces Tariff Surcharge
05 March 2025 - 12:00AM
DynaEnergetics, a business of DMC Global Inc. (Nasdaq: BOOM), today
announced it will institute a tariff surcharge ranging from 7% to
9% on all perforating systems sold in North America, effective
April 5, 2025. The surcharge is being implemented in response to
higher raw material costs resulting from U.S. tariffs announced to
date. The surcharge will be applied to DynaEnergetics’ DS Infinity™
2.0, DS Gravity™ 2.0 and DS NLine™ 2.0 perforating systems, as well
as all other systems and components utilized by North America’s
onshore oil and gas industry.
DynaEnergetics said its decision to address
tariff-related cost increases by way of a surcharge is intended to
maintain transparency in its pricing. Customers will receive
detailed implementation information through their DynaEnergetics
sales representatives.
About
DynaEnergeticsDynaEnergetics, a business of DMC Global
Inc., provides innovative perforating systems that make a
measurable impact on well productivity, completion cost and safety.
As the only global perforating manufacturer that designs,
manufactures and qualifies all of its equipment and accessories
in-house, DynaEnergetics ensures unmatched performance and the
lowest total cost of operations. For more information, visit
www.dynaenergetics.com.
CONTACT:Ian
GrievesPresidentDynaEnergetics
+49.2241.1236.770ian.grieves@dynaenergetics.com
INVESTOR CONTACT:Geoff HighVice
President of Investor Relations303-604-3924
DMC Global (NASDAQ:BOOM)
Historical Stock Chart
From Feb 2025 to Mar 2025
DMC Global (NASDAQ:BOOM)
Historical Stock Chart
From Mar 2024 to Mar 2025