Midland, MI - August 10, 2006
The Dow Chemical Company announced today that it will raise list and off-list prices on a number of its Oxygenated Solvents products in North America effective September 1, 2006, or as contracts allow. This increase has been made necessary by the continuing rise in raw material and energy costs and the need to restore margins to reinvestment levels.
“The relentless rise and on-going volatility in feedstock and energy costs remains our most difficult challenge,” says Martin Sutcliffe, global business director, Glycol Ethers. “Absorbing even-higher costs for oil, natural gas and their derivatives is simply not an option.”
“While we are mindful of the impact of these higher prices on our customers, this price increase is necessary for us to continue to reinvest in the business and grow along with our customers,” says Pat Gottschalk, global business director, Solvents & Intermediates.
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.
Acetone Derivatives
|
September 1, 2006 Increase |
Zone 1 |
New |
MIBK |
$0.04 |
$1.39 |
No |
MIBC |
$0.04 |
$1.53 |
No |
DIBK |
$0.04 |
$1.42 |
No |
DIBC |
$0.04 |
$1.98 |
No |
Isophorone |
$0.05 |
$1.79 |
No |
Alcohols
|
September 1, 2006 Increase |
Zone 1 |
New |
n-Propanol |
$0.03 |
$1.04 |
No |
Isopropanol |
$0.04 |
$0.80 |
No |
n-Butanol |
$0.05 |
$0.94 |
No |
Isobutanol |
$0.05 |
$0.94 |
No |
2-Ethylhexanol |
$0.05 |
$1.03 |
No |
Propanol PA PM 6719 |
$0.03 |
$1.21 |
No |
Esters
|
September 1, 2006 Increase |
Zone 1 |
New |
n-Butyl Acetate |
$0.03 |
$1.03 |
No |
Isobutyl Acetate |
$0.03 |
$1.03 |
No |
Isopropyl Acetate |
$0.03 |
$1.03 |
No |
n-Propyl Acetate |
$0.03 |
$1.04 |
No |
UCAR Ester EEP |
$0.05 |
$1.34 |
No |
E-Series Glycol Ethers
|
September 1, 2006 Increase |
Zone 1 |
New |
Butyl CELLOSOLVE™ Solvent (EB) |
$0.04 |
$1.08 |
No |
Butyl CARBITOL™ |
$0.04 |
$1.26 |
No |
Butyl CELLOSOLVE™ Solvent (EB Acetate) |
$0.04 |
$1.41 |
No |
Butyl CARBITOL™ |
$0.04 |
$1.46 |
No |
Solvent GP |
$0.04 |
$1.47 |
No |
CARBITOL Solvent |
$0.04 |
$1.51 |
No |
Methyl CARBITOL (DM) |
$0.04 |
$1.28 |
No |
Methyl CARBITOL Fuel Additive Grade |
$0.04 |
$1.28 |
No |
DOWANOL EPH |
$0.05 |
$1.13 |
Yes |
DOWANOL EPH Low Phenol |
$0.05 |
$1.23 |
Yes |
DALPAD A |
$0.05 |
$1.13 |
Yes |
Propyl CELLOSOLVE Solvent (EP) |
$0.05 |
$1.26 |
No |
Hexyl CELLOSOLVE |
$0.05 |
$1.61 |
No |
Hexyl CARBITOL |
$0.05 |
$1.51 |
No |
E-Series Glycol Ether Heavies
|
September 1, 2006 Increase |
Zone 1 |
New |
Butoxytriglycol (BTG) |
$0.04 |
$1.47 |
No |
Butoxypolyglycol Basic |
$0.04 |
$0.87 |
No |
Ethoxytriglycol (ETG) |
$0.04 |
$1.43 |
No |
Ethoxypolyglycol (EPG) |
$0.04 |
$0.67 |
No |
Methoxypolyglycol (MPG) |
$0.04 |
$0.78 |
No |
Methyoxytriglycol (MTG) |
$0.04 |
$1.32 |
No |
Hexoxypolyglycol (HPG) |
$0.05 |
$0.50 |
No |
*Schedule price is for full tank trucks for Zone 1. Typical zone upcharges apply for other regions.
For Editorial Information:
Heather Hayward
The Dow Chemical Company
(989) 636-7611
