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Dow Announces Price Increase for Acrylic Monomers

Published on 2008-03-11. Author : SpecialChem

Midland, MI -- The Dow Chemical Company ("Dow") and its affiliates announce off schedule price increases for acrylic acid and esters, also known as acrylic monomers or acrylates, globally effective April 1, 2008, or as otherwise allowed by individual contract terms. The following table indicates the increase effective April 1, 2008 of off-schedule prices for butyl acrylate, 2-ethylhexyl acrylate, ethyl acrylate, methyl acrylate, and glacial acrylic acid.

Product
North America
Europe
Middle East/Africa
Latin America
Pacific
Glacial Acrylic Acid
$0.05 per pound
75€ per metric ton
US$110 per metric ton
US$110 per metric ton
US$110 per metric ton
Methyl Acrylate
$0.05 per pound
75€ per metric ton
US$110 per metric ton
US$110 per metric ton
US$110 per metric ton
Butyl Acrylate
$0.05 per pound
75€ per metric ton
US$110 per metric ton
US$110 per metric ton
US$110 per metric ton
Ethyl Acrylate
$0.05 per pound
75€ per metric ton
US$110 per metric ton
US$110 per metric ton
US$110 per metric ton
2-Ethylhexyl Acrylate
$0.07 per pound
105€ per metric ton
US$160 per metric ton
US$160 per metric ton
US$160 per metric ton

"This increase is necessary to reverse the persistent trend of margin erosion that has occurred as raw material cost increases have outpaced Acrylic Monomer pricing," commented Mark Bassett, business director for Dow Acrylic Monomers. "This trend is not sustainable."

About Dow Acrylates

Dow is one of the world's largest participants of acrylic acid and esters (acrylic monomers or acrylates), with a complete portfolio of acrylate materials that provide selection, quality and consistency for a wide range of applications. Acrylic monomers are used in dispersions and emulsions for adhesives, coatings, inks, woven and non-woven textiles, plastics and polymers and superabsorbent products.

About Dow

With annual sales of $54 billion and 46,000 employees worldwide, 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 around 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. 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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