Industry News

Dow Coating Materials Announces Price Increases in Middle East, Africa and Turkey

Published on 2009-12-24. Author : SpecialChem

HORGEN, Switzerland -- Dow Coating Materials will implement a price increase in the Middle East, Africa and Turkey for acrylic emulsions sold to the architectural coatings, industrial coatings, and traffic paint industries. The increases in a range of between $65 and $110 per MT will take effect January 15, 2010, or as contracts allow, and will affect all acrylic, styrene-acrylic emulsions, solvent-based solid and solution polymers.

The increases are necessitated by the continuous cost escalation of key raw materials in the past few months used to manufacture acrylate based emulsions. Customers interested in learning more about the price increase should contact their local Dow sales representative.

About Dow Coating Materials:

Dow Coating Materials is the premier supplier of products and technologies to architectural and industrial coatings manufacturers worldwide. Combining the extensive resources of Dow and recently-acquired Rohm and Haas Company, the new business provides formulators a wide range of chemistries and support across many different product lines, including core binder technologies, additives and solvents. Additionally, Dow Coating Materials operates 13 dedicated R&D labs across all major geographies where Dow does business.

About Dow:

Dow is a diversified chemical company that combines the power of science and technology with the "Human Element" to constantly improve what is essential to human progress. The Company delivers a broad range of products and services to customers in approximately 160 countries, connecting chemistry and innovation with the principles of sustainability to help provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products. In 2008, Dow had annual sales of $57.4 billion and employed approximately 46,000 people worldwide. The Company has 150 manufacturing sites in 35 countries and produces approximately 3,300 products. On April 1, 2009, Dow acquired Rohm and Haas Company, a global specialty materials company with sales of $10 billion in 2008, 98 manufacturing sites in 30 countries and approximately 15,000 employees worldwide. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.

Source: Dow

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