Dow Polyurethanes to increase prices for PU raw materials

19-Jun-09

Effective July 1, 2009, or as contract terms allow, Dow Polyurethanes, a business group within The Dow Chemical Company and its affiliates including Dow Europe GmbH, will increase prices for its Polyurethane raw materials. In Europe, prices for both polyols and methylene diphenyl diisocyanate (MDI) will increase by a minimum of EUR 100/MT. In the Middle East, Africa and the Indian Subcontinent prices for polyol and MDI will rise by a minimum of EUR 150/MT. This price increase is in addition to the previously announced increase in May. The company said increase in prices is a result of rising energy and raw material costs and decreasing margins.