Houston, TX - November 30, 2007
Dow Wire & Cable, a global business unit of The Dow Chemical Company, today announced a $.12 per pound increase on all its wire and cable resins, compounds and materials sold in North America. The price increase is effective January 1, 2008.
Jim Burton, North American Sales Director for Dow Wire & Cable, cites historically high feedstock prices as the chief reason for the increase. “When you couple the high demand for wire and cable materials with the continuing high cost of oil and derivatives, prices for compounds that use polyolefins as their input must be adjusted to reflect those market conditions,” said Burton.
Previously, Dow Wire & Cable announced to its customers that it would rescind all Temporary Voluntary Allowances as of November 1, 2007.
About Dow
About Dow Wire & Cable
Dow Wire & Cable, a dedicated global business unit of The Dow Chemical Company (NYSE: DOW) and its subsidiaries, provides a broad portfolio for power, telecommunications and specialty applications. We supply solutions that meet the unique processing and performance requirements of current and next-generation wire and cable products, along with technical support that extends from formulation through installation. For more information about Dow services and products for the wire and cable industry, visit www.dowwireandcable.com.
®™* Trademark of The Dow Chemical Company ("Dow") or an affiliated company of Dow
For Editorial Information:
Deb Toledo
Dow Wire & Cable
+1 (713) 978-2189
Dalin Clark
Howe Marketing Communications
+1 (616) 975-6160
dalinclark@writer-strategist.com
