Dow raises SR prices in Europe on strong demand

HORGEN, Switzerland – June 25, 2004 – Dow Europe GmbH* announced today that it will increase the prices of its synthetic rubber products by €150 /tonne. The price increase will be effective July 1st. The company blamed continued volatility in feedstock and energy prices combined with strong demand.

“This price increase is driven by our need to restore margins to more acceptable levels which will allow us to meet customer needs in the long-term. The escalating feedstock costs combined with product prices that are unsustainable…

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