Dow Europe Announces Price Increase for Polyols in IMEA

Horgen, Switzerland - June 02, 2008

Effective 15 June 2008, or as contract terms allow, Dow Polyurethanes, a business group within The Dow Chemical Company and its affiliates including Dow Europe GmbH, will increase its polyols prices in India, Middle East and Africa (IMEA) by 130 Euro/MT, or respectively 200 USD/MT as applicable.

"This increase reflects the persistent and unrelenting rise in the current feedstock and energy costs", says Sudhir Shenoy, Product Manager for Europe, Middle East, Africa and India. "These high feedstock costs have created an unsustainable situation. It is vital that we restore our margins in order to be able to invest in this industry long term".

Customers interested in learning more about the price increase should contact their local Dow sales representative.

About Dow Polyurethanes

Dow Polyurethanes, a business group within of The Dow Chemical Company and its affiliates including Dow Europe GmbH, is one of the world's largest producers of propylene oxide (PO), polyether polyols, and is a leading producer of quality aromatic isocyanates, such as MDI and TDI, 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
The Dow Chemical Company
+41 (0)44 728 2246

Kim Crawley
Gibbs & Soell GmbH
+41 (0)44 205 5565
kcrawley@gibbs-soell.com


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