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Dow Wolff Cellulosics Announces Price Increase for Cellulose Ethers

Published on 2010-06-29. Author : SpecialChem

Horgen, Switzerland -- Dow Wolff Cellulosics, a global division of the Dow Chemical Company, announces a price increase of 3-7 percent for its product portfolio in pharmaceutical, food & nutrition, and industrial applications, effective July 1st, 2010, or as contract terms allow. This price increase is driven by rising costs of raw materials, including pulp, and tightening supply conditions, and is necessary to secure a sustainable supply base and source of differentiation.

About Dow Wolff Cellulosics

Dow Wolff Cellulosics is a global leader and pioneer in Cellulose Ethers and preferred development partner for manufacturers and suppliers in the food and pharmaceutical markets, and in other industrial specialty applications. It supplies high-performance, cellulose-based products and formulation know-how to help customers innovate and differentiate in highly-regulated markets.

Cellulosics and their derivatives are produced from renewable raw materials, mainly wood pulp and cotton, sourced primarily from suppliers that implement certified sustainable forestry practices. Ranging from healthier food ingredients and formulations, to enhanced pharmaceutical delivery, most products containing Cellulosics help to make improvements in the daily lives of billions of people.

Dow Wolff Cellulosics is a business unit of The Dow Chemical Company, employing 1,200 people across more than nine sites and 15 assets, with six cGMP's, serving customers in around 160 countries.

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 delivers 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: LANXESS


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