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Dow announces more TDI price increases

By David Reed, UT EditorHorgen, Switzerland-With effect from 1 Nov. 2005, or as contract terms allow, the polyurethanes business of Dow Europe GmbH will further increase prices in Europe for TDI (toluene diisocyanate), by €200 per tonne. This price increase is in addition to the previously announced November TDI increase, thereby bringing the total price increase to €400 /tonne, a 12 Oct. announcement from Dow emphasised.Similar price increases are being implemented in the Middle East, Africa and the Indian Sub-continent, the announcement added. We continue to be faced with persistently high and volatile energy and raw material costs, including crude oil and natural gas, which are significantly impacting our cost of production. Furthermore, we need to restore our margins which have been at a historical low over a long period,” says Herman Motmans, Product Manager Europe, MEAI.Customers interested in learning more about the price increase should contact their local Dow sales representative.”

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