Dow Announces Price Increase for Acrylic Monomers

Midland, MI - March 06, 2008

The Dow Chemical Company (“Dow”) and its affiliates announce off schedule price increases for acrylic acid and esters, also known as acrylic monomers or acrylates, globally effective April 1, 2008, or as otherwise allowed by individual contract terms. The following table indicates the increase effective April 1, 2008 of off-schedule prices for butyl acrylate, 2-ethylhexyl acrylate, ethyl acrylate, methyl acrylate, and glacial acrylic acid.

Product

North America

Europe

Middle East / Africa

Latin America

Pacific

Glacial Acrylic Acid

$0.05 per pound

75€ per metric ton

US$110 per metric ton

US$110 per metric ton

US$110 per metric ton

Methyl Acrylate

$0.05 per pound

75€ per metric ton

US$110 per metric ton

US$110 per metric ton

US$110 per metric ton

Butyl Acrylate

$0.05 per pound

75€ per metric ton

US$110 per metric ton

US$110 per metric ton

US$110 per metric ton

Ethyl Acrylate

$0.05 per pound

75€ per metric ton

US$110 per metric ton

US$110 per metric ton

US$110 per metric ton

2-Ethylhexyl Acrylate

$0.07 per pound

105€ per metric ton

US$160 per metric ton

US$160 per metric ton

US$160 per metric ton

"This increase is necessary to reverse the persistent trend of margin erosion that has occurred as raw material cost increases have outpaced Acrylic Monomer pricing," commented Mark Bassett, business director for Dow Acrylic Monomers. "This trend is not sustainable."

About Dow Acrylates

Dow is one of the world’s largest participants of acrylic acid and esters (acrylic monomers or acrylates), with a complete portfolio of acrylate materials that provide selection, quality and consistency for a wide range of applications. Acrylic monomers are used in dispersions and emulsions for adhesives, coatings, inks, woven and non-woven textiles, plastics and polymers and superabsorbent products. For more information about acrylic monomers or acrylates, visit www.dowacrylates.com.

About Dow


For Editorial Information:

Melissa Bressette
The Dow Chemical Company
989-636-8068