Industry News

Dow Coating Solutions Announces Price Increases for Latex Emulsion Product

Published on 2008-05-23. Author : SpecialChem

Cary, N.C. -- Dow Coating Solutions, a market-facing business of The Dow Chemical Company, is increasing the off-list prices of its latex emulsion products. Effective June 1, 2008, for all North American customers, Dow will increase the price by US$0.04 / wet pound for all UCAR™ acrylic, vinyl acrylic, styrene acrylic, and styrene butadiene latexes, EVOCAR™ latexes, NEOCAR™ acrylics and latexes, and UCAR POLYPHOBE™ rheology modifiers.

This increase applies to all market segments, including architectural and industrial coatings, construction products, adhesives and sealants, and traffic coatings.

This action is driven by the ongoing escalation in key raw material costs, particularly oil and natural gas, which impacts all downstream chemicals as well as the energy cost to manufacture and deliver these latex products.

About Dow Coating Solutions:

Dow Coating Solutions is a market-facing business unit of The Dow Chemical Company that focuses on the needs of coatings formulators and the coatings market. The business relies on many of Dow's valuable assets, including multiple product chemistries, a highly-trained coatings R&D staff and an unparalleled global supply infrastructure, to offer product-agnostic solutions to coatings formulators worldwide.

About Dow:

With annual sales of $54 billion and 46,000 employees worldwide, 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 around 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. 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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