Midland, MI - October 20, 2005
Effective November 1, 2005, The Dow Chemical Company is announcing an increase on list and off-list prices for all UCON™ Fluids and Lubricants sold in North America. The following increases will apply:
- List and off-list prices of UCON Hydrolube Concentrates will increase by US$0.05 per pound.
- List and off-list prices of UCON Fully Formulated Hydrolubes and High-pressure fluids by US$0.05 per pound.
- List and off-list prices of UCON Lub LB and SYNALOX* polyglycols PB-series base fluids by US$0.10 per pound.
- List and off-list prices of UCON Lub HB and H-series base fluids by US$0.10 per pound.
- List and off-list prices of UCON TPEG and MPEG products by US$0.05 per pound.
- List and off-list prices of the following formulated UCON Fluids and Lubricants or their off-brand equivalents by US$0.10 per pound:
| UCON Calendar Lubricants | UCONALL™ Lubricants | |
| UCON Textile and Rubber Lubricants | UCON Coating Fluids | |
| UCON Sugar Lubricants | UCON Solder Assist Fluids | |
| UCON Heat Transfer Fluids | UCON Metalworking Lubricants | |
| UCON Process Fluids | UCON Compressor Lubricants | |
| UCON Food Grade Lubricants | UCON LB-X Lubricants | |
| UCON Hydraulic Fluids | UCON Formulated HB- and H-series Lubricants | |
| UCON Quenchants |
"We continue to experience an unprecedented escalation in raw material costs. The devasting effects of Hurricane Katrina have put additional pressure on critical petrochemical feedstocks and energy prices," said Pete Pendergast, Marketing Manager for Dow's UCON Fluids and Lubricants business. "In addition, the disruption in the transportation infrastructure in the Gulf Coast has further tightened supply of key raw materials utilized to manufacture our products. We must implement these increases in order to offset the rising costs to manufacture and transport our products and remain a strong and reliable supplier".
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 additional information on Dow's Heat Transfer Fluids business, customers should contact the Dow Customer Information Group at 1-800-447-4369 (U.S. and Canada) or 1-989-832-1560 (from other global regions). Additional information can be found on the Dow website at http://www.dow.com/polyglycols/ucon/
For Editorial Information:
Holly LaRose-Roenicke
The Dow Chemical Company
(989) 638-7703
