30 Sep 2004
By Patrick Raleigh, ERJ On-line news editor
Horgen, Switzerland-Dow Europe GmbH is increasing its prices for styrene-butadiene and polybutadiene rubber by Euro150/tonne with effect from 1 Oct. The increases are intended to bring Dow's operating margins to “acceptable levels,†according to Craig Arnold, product manager for Dow's Rubber Business.
“We are faced with a situation where even the potential positive impact of strengthening demand is outweighed by the impact of the continued volatility in feedstock and energy prices,†Arnold claimed in a 30 Sept press statement.
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