Industry News

Dow Europe GmbH Announces Price Increase for Polyethylene Resins

Published on 2009-05-29. Author : SpecialChem

Horgen, Switzerland -- Dow Europe GmbH is announcing a price increase across the European, Middle Eastern, African and Indian regions for polyethylene (PE) resins, based on the continued raw material cost developments that the company is experiencing and the need to restore its margins.

Effective June 1, 2009, or as contract terms allow, Dow Europe GmbH will increase prices by 50 Euros per metric ton for all grades of its low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE) and high-density polyethylene (HDPE) resins.

About Dow

With sales of $58 billion in 2008 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. On April 1, 2009, Dow acquired Rohm and Haas Company, a global specialty materials company with sales of $10 billion in 2008 and 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

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