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Dow Announces Price Increase in Europe / IMEA for Polyols
Horgen, Switzerland - October 18, 2007 Effective 1 November 2007, or as contract terms allow, the Polyurethanes business of The Dow Chemical Company will raise its polyol prices in Europe by 100 Euro/MT for flexible, rigid and CASE polyols and by 150 Euro/MT for copolymer polyols. In IMEA, prices for flexible polyols and copolymer polyols will increase by 100 $/MT. “This increase is required as a result of the continued rise in feedstock costs, including naphtha and brent crude approaching record highs. In addition, propylene, a key raw material for polyols has consistently increased through the course of the year.” says Sudhir Shenoy, Product Manager Europe/IMEA. About Dow Polyurethanes Dow Polyurethanes, a business group within The Dow Chemical Company, is the world's largest producer of polyether polyols, a leading producer of quality aromatic isocyanates, such as MDI and TDI, and a major supplier of propylene oxide, an essential component of polyether polyols. Dow's polyurethane products and fully formulated polyurethane systems are used for a broad range of applications including construction, automotive, appliance, furniture, bedding and shoe soles to decorative molding, athletic equipment, and more. The business manufactures and markets rigid, semi-rigid and flexible foams, adhesives, sealants, coatings, elastomers and binders. Dow also offers the latest in polyol technology with RENUVA™ Renewable Resource Technology and VORANOL™ VORACTIV™ polyols, part of an ongoing initiative by Dow to lead the industry in providing high-performance products. For more information, visit www.dowpolyurethanes.com, www.dowpg.com, www.dowpo.com, www.pusystems.com, www.dowrenuva.com and www.voractiv.com. About Dow
For Editorial Information: Marielle Jaeger Anna Karlstrom |
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