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Dow Adhesives and Functional Polymers Announces Price Increases in Europe

Published on 2010-02-16. Author : SpecialChem

PHILADELPHIA -- Dow Adhesives and Functional Polymers will implement a price increase for all acrylic and acrylic-based products sold to the pressure sensitive, construction, textile nonwoven, graphic arts, thermal paper, and leather markets. The increase of USD $0.22 per kg. is in addition to the previously announced increase effective January 1, 2010. The increase will affect all acrylic and styrene-acrylic emulsions, vinyl-acetate based emulsions, and solution polymers and will be effective March 1, 2010, or as contracts allow.

In making the announcement, Neil Carr, Business Group Vice President of Dow Adhesives and Functional Polymers, cited the continued escalation in raw material costs as necessitating the increases.

About Dow Adhesives and Functional Polymers

Dow Adhesives and Functional Polymers is a portfolio of three businesses - Packaging and Converting, Tape Labels and Textiles and Industrial Functional Polymers - primarily made of sticking and bonding solutions, serving the flexible packaging business, adhesive tapes and paper labels, and a mixed range of applications including auto, imaging & leather. Together these businesses offer an integrated technology platform with formulation capabilities and a capacity to serve tailored needs globally.

A business group within Dow's Advanced Material Division, Dow Adhesives and Functional Polymers generates $1B of revenue while operating a network of over 40 Technical, R&D and Manufacturing sites to serve local customer needs globally.

About Dow

Dow combines the power of science and technology with the "Human Element" to passionately innovate what is essential to human progress. The Company connects chemistry and innovation with the principles of sustainability to help address many of the world's most challenging problems such as the need for clean water, renewable energy generation and conservation, and increasing agricultural productivity. Dow's diversified industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses deliver a broad range of technology-based products and solutions to customers in approximately 160 countries and in high growth sectors such as electronics, water, energy, coatings and agriculture. In 2009, Dow had annual sales of $45 billion and employed approximately 52,000 people worldwide. The Company's more than 5,000 products are manufactured at 214 sites in 37 countries across the globe. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.

Source: Dow Adhesives and Functional Polymers


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