Dow and Dupont announce price increases

11-May-06
A continued increase in raw materials has caused Dow Chemical to raise prices for all Styrofoam Extruded Polystyrene products across Europe. The current pricing of STYROFOAM products does not allow for sufficient margins due to continued increases in raw materials. Effective June 15th, 2006, Dow Europe will increase prices by 6% for all STYROFOAM products. Further price increases are anticipated if raw materials continue to increase. Driven by the continuous cost escalation of raw materials, energy and transportation, DuPont Engineering Polymers has announced price increase for all its Engineering Polymers wef May 15, 2006 in Europe, Middle East and Africa. The prices of polyamide 6 and 66 as well as those of PBT and PET will increase by € 0.20 per kg. The products affected include Zytel® , Minlon®, Crastin® and Rytnite® polymers and compounded products. Some specialty grades within these product families may increase by more than € 0.20 per kg. The prices of Delrin®, Hytrel®, Thermx®, Zenite® and Zytel® HTN will increase by at least 5 %. DuPont Packaging & Industrial Polymers (P&IP) Europe, Middle East and Africa announces a price increase of 0.15 Euro/kg also for all its grades of Elvaloy®AC, Elvax® and Nucrel® resins, effective 15th May 2006 or as customer contracts allow.
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500,000 Lids / day thermoforming machine

500,000 Lids / day thermoforming machine