Dow Europe GmbH Announces Price Increase for Polypropylene Resins and INSPIRE Performance Polymers
January 23 , 2006
HORGEN -- The current prices for DOW Polypropylene Resins and INSPIRE™ Performance Polymers do not allow for acceptable margins for Dow in today's market conditions. This is due to the strong demand, as well as the rising material and energy prices. Based on this situation, Dow Europe GmbH is announcing a price increase of 100 Euro per metric ton for all its polypropylene resins and INSPIRE Performance Polymers. This price increase is effective February 1, 2006.
Dow is a leader in science and technology, providing innovative chemical, plastic and agricultural products and services to many essential consumer markets. With annual sales of $40 billion, Dow serves customers in 175 countries and a wide range of markets that are vital to human progress: food, transportation, health and medicine, personal and home care, and building and construction, among others. Committed to the principles of sustainable development, Dow and its 43,000 employees seek to balance economic, environmental and social responsibilities. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.
