Dow Europe GmbH Announces Price Increase for Polypropylene Resins
Dec 20, 2006
HORGEN -- Current prices for polypropylene resins, relative to costs, do not provide acceptable margins for Dow at a time when demand remains strong. Based on this situation, Dow Europe GmbH will increase prices for its DOW Polypropylene Resins and INSPIRE™ Performance Polymers.
Effective January 1, 2007, or as contract terms allow, Dow is announcing a price increase of 50 Euro per metric ton for all its polypropylene resins and INSPIRE Performance Polymers.
About The Dow Chemical Company
Dow is a diversified chemical company that harnesses the power of science and technology to improve living daily. The Company offers a broad range of innovative products and services to customers in more than 175 countries, helping them to provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products. Built on a commitment to its principles of sustainability, Dow has annual sales of $46 billion and employs 42,000 people worldwide. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.
