Horgen, Switzerland - June 26, 2008
The current prices for polypropylene resins and INSPIRE™ Performance Polymers do not allow for acceptable margins for Dow. This is due to high raw material and energy prices and strong demand. Based on this situation, Dow Europe GmbH is announcing a price increase of 100 Euro per metric ton for all its polypropylene resins and INSPIRE Performance Polymers in Europe, India, Middle East and Africa. This price increase is effective July 1 or as contract terms allow.
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Tania Cook
The Dow Chemical Company
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