Dow Europe Announces Price Increase for Polyols, Isocyanates and Polyurethane Systems in Europe

Horgen, Switzerland - June 16, 2008

Effective 1 July 2008, or as contract terms allow, Dow Polyurethanes will increase prices in Europe for its Polyols and Methylene Diphenyl Diisocyanate (MDI) as well as Polyurethane Systems by 150 Euro/MT.

“Profit margins have substantially eroded in the face of high feedstock and energy costs and the situation shows no sign of improvement,” says Sudhir Shenoy, Product Manager for Europe, Middle East, Africa and India. “We have absorbed our share of the increased costs and done what we can to mitigate them but we have no more room and must act immediately and definitively to ensure our business is healthy and sustainable over the long term,” he further adds.Customers interested in learning more about the price increase should contact their local Dow sales representative.

About Dow Polyurethanes

Dow Polyurethanes, a business group of The Dow Chemical Company and its affiliates, 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
+41-44-728-2246

®™^* Trademark of The Dow Chemical Company ("Dow") or an affiliated company of Dow

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Asia Pacific Europe India, Middle East, Africa Latin America North America About Dow Polyurethanes Product Stewardship ISO Certificates Answer Center News Events MSDS & SDS My Account @ Dow Contact Us Send An Email Technical Inquiry Global Polyurethanes Home	Dow Europe Announces Price Increase for Polyols, Isocyanates and Polyurethane Systems in Europe Horgen, Switzerland - June 16, 2008 Effective 1 July 2008, or as contract terms allow, Dow Polyurethanes will increase prices in Europe for its Polyols and Methylene Diphenyl Diisocyanate (MDI) as well as Polyurethane Systems by 150 Euro/MT. “Profit margins have substantially eroded in the face of high feedstock and energy costs and the situation shows no sign of improvement,” says Sudhir Shenoy, Product Manager for Europe, Middle East, Africa and India. “We have absorbed our share of the increased costs and done what we can to mitigate them but we have no more room and must act immediately and definitively to ensure our business is healthy and sustainable over the long term,” he further adds.Customers interested in learning more about the price increase should contact their local Dow sales representative. About Dow Polyurethanes Dow Polyurethanes, a business group of The Dow Chemical Company and its affiliates, 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 +41-44-728-2246 ®™^* Trademark of The Dow Chemical Company ("Dow") or an affiliated company of Dow
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