Midland, MI - October 03, 2005
Effective November 1, 2005, the Dow Emulsion Polymers business is increasing the prices of Styrene/Butadiene (S/B) Latex and Styrene/Acrylate (S/A) Latex products sold into the paper industry in the United States and Canada. All S/A and S/B latex prices will increase by US$0.05/lb (dry).
Additionally, Dow is increasing the prices of Styrene-based Solid Plastic Pigments and Hollow Plastic Pigments sold into the paper industry by US$0.08/lb (dry) in the United States and Canada.
"We continue to experience unprecedented escalation in raw material and energy costs. The combined impact of Hurricanes Katrina and Rita have put additional pressure on critical petrochemical feedstocks and energy prices," said Donna Babcock, North American marketing manager for paper. "In addition, disruptions to the transportation infrastructure in the Gulf Coast have further constrained supply of key raw materials needed to manufacture our products.
"We must implement these increases quickly in order to offset the rising costs of manufacturing and transporting our products, so that we can remain a strong and reliable supplier to our customers."
Dow is the leading manufacturer of S/B latex and solid plastic pigments that are used in coatings for fine papers, publication papers and coated paperboard used in packaging.
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.
For more information about Dow offerings for the paper industry, please call 1-800-447-4369, or visit www.emulsionpolymers.com.
For Editorial Information:
Becky Evans
The Dow Chemical Company
(989) 636-5847
Josiah McClellan
Gibbs & Soell, Inc.
(212) 697-2600
