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Dow Announces New Prices for CARBOWAX™ & CARBOWAX SENTRY™ Products, Effective July 1, 2007
Midland, MI - June 05, 2007 The Dow Chemical Company will increase North American off-list prices of CARBOWAX™ and CARBOWAX SENTRY™ Polyethylene Glycols (PEGs) and Methoxypolyethylene Glycols (MPEGs) effective July 1, 2007. Prices for Industrial and SENTRY grade liquid PEGs and liquid MPEGs will increase by US $0.02 per pound. Industrial grade molten PEGs will increase by US $0.02 per pound, and industrial grade solid PEGs will increase by US $0.02 per pound. These price increases are driven by strong demand and persistently high raw material costs. Background Dow was the first company to commercialize the production of polyethylene glycols in 1940 and is still recognized around the world as a leader in the business. CARBOWAX™ and CARBOWAX SENTRY™ Polyethylene Glycols (PEGS) and Methoxypolyethylene Glycols (MPEGS) are a family of water soluble linear polymers formed by the addition reaction of ethylene oxide. They are used in applications such as adhesives, cosmetics/personal care, household products, pharmaceuticals, printing and inks, textiles, wood treating and more. About Dow
®™* Trademark of The Dow Chemical Company ("Dow") or an affiliated company of Dow For Editorial Information: Harold Nicoll, APR |
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