Dow Europe announces price of polyols, isocyanates and polyurethane systems up

Tag : diphenyl oxide

Horgen, Switzerland -- Effective 1 July 2008, or as contract termsallow, Dow Polyurethane s will increase prices in Europe for its Polyols and MethyleneDiphenyl Diisocyanate (MDI) as well as Polyurethane Systems by 150 Euro/MT.
"Profit margins have substantially eroded in the face of highfeedstock and energy costs and the situation shows no sign ofimprovement," says Sudhir Shenoy, Product Manager for Europe,Middle East, Africa and India. "We have absorbed our share of theincreased costs and done what we can to mitigate them but we haveno more room and must act immediately and definitively to ensureour business is healthy and sustainable over the long term," hefurther adds.Customers interested in learning more about the priceincrease should contact their local Dow sales representative.
About Dow Polyurethane s:
Dow Polyurethane s, a business group of The Dow Chemical Company and its affiliates,is one of the world's largest producers of propylene oxide (PO),polyether polyols, and is a leading producer of quality aromaticisocyanates, such as MDI and TDI, an essential component ofpolyether polyols. Dow's Polyurethane products and fully formulated Polyurethane systems are used for a broad range of applications includingconstruction, automotive, appliance, furniture, bedding and shoesoles to decorative molding, athletic equipment, and more. Thebusiness manufactures and markets rigid, semi-rigid and flexiblefoams, adhesives, sealants, coatings, elastomers and binders. Dowalso offers the latest in polyol technology with RENUVA™Renewable Resource Technology and VORANOL™ VORACTIV™polyols, part of an ongoing initiative by Dow to lead the industryin providing high-performance products.
About Dow:
With annual sales of $54 billion and 46,000 employees worldwide,Dow is a diversified chemical company that combines the power ofscience and technology with the " Human Element " to constantlyimprove what is essential to human progress. The Company delivers abroad range of products and services to customers in around 160countries, connecting chemistry and innovation with the principlesof sustainability to help provide everything from fresh water, foodand pharmaceuticals to paints, packaging and personal careproducts. References to "Dow" or the "Company" mean The DowChemical Company and its consolidated subsidiaries unless otherwiseexpressly noted.
Source: Dow