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Dow to Raise Prices of Glycol Ethers Products Horgen, Switzerland - March 20, 2009 Dow Europe GmbH announced today that it will raise prices in Europe effective April 1, 2009, or as contracts allow, for products in the Glycol Ethers portfolio by €50 to €70 per metric ton dependent upon grade. This increase is required to address margin compression. “The rapid decline in price has left margins at unsustainable levels,” says Martin Sutcliffe, global business director, Glycol Ethers. “We must improve our margins, so we can afford to compete for raw materials and make the products our customers need.” About Dow For Editorial Information: Heather Gallegos |
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