Dow Increases Epoxy Resin Prices In North America, Europe, The Middle East, Africa, India And Pakistan

Midland, MI - Dow Epoxy, a business unit of The Dow Chemical Company ("Dow"), has announced list and off-list price increases for D.E.N. epoxy novolac resins and D.E.R. liquid, liquid blend, solid and solid solution epoxy resin products.

The increases, effective September 1, 2006, or as contract terms allow, apply to the following regions: North America, Europe (Western Europe, Eastern Europe and Turkey), the Middle East, Africa, India and Pakistan.

• North America: Prices will rise by $0.06 per pound for D.E.R. liquid, liquid blend, solid and solid solution epoxy resins and by $0.08 per pound for D.E.N. epoxy novolac resins.
  
• Europe: Prices will rise by €120 per metric ton for D.E.R. liquid, liquid blend, solid and solid solution epoxy resins and by €150 per metric ton for D.E.N. epoxy novolac resins.
  
• Middle East, Africa, India and Pakistan: Prices will rise by US$150 per metric ton for D.E.R. liquid, liquid blend, solid and solid solution epoxy resins and by US$180 per metric ton for D.E.N. epoxy novolac resins.

The increases are in addition to all those previously announced in the affected regions. This most recent pricing action is driven by volatile raw material costs and tight supply and demand conditions, globally.

Customers interested in learning more about the price increases should contact their local Dow sales representative.

SOURCE: The Dow Chemical Company