Dow Announces Price Increases of its Epoxy Products in Europe, the Middle East, Africa and the Indian Subcontinent
Effective 1 September 2009, or as contract terms allow, Dow Epoxy will increase prices for its epoxy resins.
In Europe, incl. Turkey, prices for epoxy resins will increase by 150 Euro/MT, whereas in the Middle East, Africa and the Indian Subcontinent, prices will increase by 210 USD/MT.
The continued increasing pressure on margins experienced in the last few months generated by the rising cost of some of the key raw materials force the business to increase prices in order to secure sustainability of this business long term, according to the company.
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