Dow Chemical Increases Prices

Tag : detergent chemical
The company has taken the unusual step of directing blame atpolicy-makers in Washington who have failed to address the issue ofrising energy costs. Dow's products are sold in 160 countries. It reported a 3 percent drop in quarterly earnings in April amid a42 percent jump in energy and raw materials costs. Its profit margins shrank from 9.8 percent in 2005 to 5.4 percentlast year.