Dow announces price increase for Engage polymers
Horgen, Switzerland -- Dow Europe GmbH is announcing a price increase for Europe, India, the Middle East and Africa of 200 Euro per metric tonne for Engage Polyolefin Elastomers. This price increase will be effective December 1, 2007, or as contract terms allow.
Dow said the increase is based on, "the continued increase of feedstock costs which have now reached record levels, the sustained pressure on margins, and strong market demand."
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