Dow Europe Announces Price Increases for MBS Impact Modifiers
HORGEN, SWITZERLAND - February 02, 2012
Dow Europe GmbH will implement a price increase for all MBS impact modifiers and chlorinated polyethylene (CPE) sold to the building and construction, packaging, durables, electronics, and transportation industries in Europe. The increase will be effective February 1, 2012, or as contract terms allow.
The prices of all MBS impact modifiers and chlorinated polyethylene will be increased by 10%. The increases are necessary, due to the continued escalation of key raw material and energy costs.
About Dow Plastics Additives
As a global supplier of plastics additives serving packaging, building and construction and engineering materials worldwide, Dow Plastics Additives provides the market with a broad line of high quality additives for vinyl, polyester, polycarbonate and other engineering plastics, their alloys and poly-lactic acid resins. With manufacturing facilities globally and a worldwide team the business offers speed to market, technical expertise and market-driven solutions to customers. More information about Dow Plastics Additives can be found at www.dow.com/additives.
Dow (NYSE: DOW) combines the power of science and technology to passionately innovate what is essential to human progress. The Company connects chemistry and innovation with the principles of sustainability to help address many of the world's most challenging problems such as the need for clean water, renewable energy generation and conservation, and increasing agricultural productivity. Dow's diversified industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 160 countries and in high growth sectors such as electronics, water, energy, coatings and agriculture. In 2012, Dow had annual sales of approximately $57 billion and employed approximately 54,000 people worldwide. The Company's more than 5,000 products are manufactured at 188 sites in 36 countries across the globe. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com.