Dow hikes prices for TDI and polyols in Europe, Middle East/Africa, India

By David Reed, UT EditorHorgen, Switzerland--With effect from 1 Oct, or as contract terms allow, the polyurethanes business of The Dow Chemical Co. will increase prices in Europe for TDI (toluene diisocyanate) by Euro200/tonne, and prices for polyols will rise by Euro150/tonne. These price increase actions are taken to keep pace with the relentless increases in feedstock and energy costs, said a 31 statement by Dow, which added that, especially in the TDI business, the move was to help restore Dow's margins, which are at a historical low. Similar price increases are being implemented in the Middle East, Africa and the Indian Subcontinent, the Dow announcement continued. Customers interested in learning more about the price increase should contact their local Dow sales representative. Dow says it is the world's largest producer of polyether polyols, a leading producer of quality aromatic isocyanates, such as TDI and MDI (methylene diphenyl diisocyanate), and a major supplier of propylene oxide, an essential component of polyether polyols. Dow's raw materials are used in rigid foams, flexible foams, adhesives, sealants, coatings, elastomers and agrifibers, as well as many other applications.Applications for these products cover a wide range of consumer goods, including cushioning for furniture and bedding, carpet backing, automotive seating and instrument panels, office furniture, flooring, insulation for appliances and in the construction industry as sheathing and roofing."