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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.
About The Dow Chemical Company
Dow is a diversified chemical company that harnesses
the power of science and technology to contstantly improve what is essential
to human progress. The Company offers a broad range of innovative products
and services to customers in more than 175 countries, helping them to
provide everything from fresh water, food and pharmaceuticals to paints,
packaging and personal care products. Built on a commitment to its principles of sustainability, Dow has
annual sales of $46 billion and employs 42,000 people 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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