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Dow Announces Epoxy Products Price Increases in Europe, Middle East, Africa and India

Published on 2009-12-24. Author : SpecialChem

Horgen, Switzerland -- Effective January 1, 2010 or as contract terms allow, The Dow Chemical Company will increase the price of its liquid, solid, solid solution epoxy resins, and epoxy blends by 150 Euro/MT in Europe (including Turkey), and 200 U.S. Dollar/MT in Middle East, Africa and India. Escalating raw materials cost is the reason for the price increase.

Dow sales representatives will be in contact with customers about the price increase.

Dow Epoxy is a leading global producer of epoxy resins, intermediates, and specialty resins serving a wide range of industries. This global business unit of The Dow Chemical Company operates nine manufacturing facilities, three main Research & Development centers, and in-region Technical Service & Development facilities strategically located around the world to provide customers with differentiated solution-based products and innovative technologies and services. Epoxy products from Dow are used in different market segments including coatings, civil engineering, structural and corrosion resistant composites, adhesives, electrical laminates and electrical castings/potting and encapsulation/tooling.

About Dow

Dow is a diversified chemical company that combines the power of science and technology with the "Human Element" to constantly improve what is essential to human progress. The Company delivers a broad range of products and services to customers in approximately 160 countries, connecting chemistry and innovation with the principles of sustainability to help provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products. In 2008, Dow had annual sales of $57.4 billion and employed approximately 46,000 people worldwide. The Company has 150 manufacturing sites in 35 countries and produces approximately 3,300 products. On April 1, 2009, Dow acquired Rohm and Haas Company, a global specialty materials company with sales of $10 billion in 2008, 98 manufacturing sites in 30 countries and approximately 15,000 employees worldwide. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.

Source: Dow Chemical Company

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