Horgen, Switzerland - November 16, 2007
Effective December 1, 2007, or as contract terms allow, Dow will increase prices in Europe by 50 Euro per metric ton for all grades of its low-density polyethylene (LDPE) resins and high -density polyethylene (HDPE) resins, DOWLEX polyethylene resins, ATTANE ultra low density polyethylene (ULDPE) copolymers, ELITE enhanced polyethylene resins and ASPUN fiber grade resins.
Demand for polyethylene resins remains firm. In addition, the high energy and feedstock costs (linked to the unprecedented price of oil) are having a major negative impact on Dow s polyethylene margin. Based on these conditions Dow Europe GmbH is announcing a price increase across the European, Middle Eastern, African and Indian regions.
Effective December 1, 2007, or as contract terms allow, Dow will increase prices in Europe by 50 Euro per metric ton for all grades of its low-density polyethylene (LDPE) resins and high -density polyethylene (HDPE) resins, DOWLEX polyethylene resins, ATTANE ultra low density polyethylene (ULDPE) copolymers, ELITE enhanced polyethylene resins and ASPUN fiber grade resins.
Demand for polyethylene resins remains firm. In addition, the high energy and feedstock costs (linked to the unprecedented price of oil) are having a major negative impact on Dow s polyethylene margin. Based on these conditions Dow Europe GmbH is announcing a price increase across the European, Middle Eastern, African and Indian regions.
