Midland, Michigan - Dow Polyurethanes is to raise prices in the US and Canada for its Voranol copolymerpolyether polyols by $0.08/lb, from 1 Dec 2007, or as contracts allow.
"This increase is being implemented due to strong global demand and the significant increase in raw materials and costs," said Tom Feige, North American product manager, in a 2 Nov statement from Dow Chemical Co.
Dow also announced a $0.06/lb hike in its off-list selling prices in the US & Canada for the following glycol products:
Propylene Glycol Industrial Grade (PGI)
Propylene Glycol USP/EP (PG USP/EP)
Dipropylene Glycol Regular Grade (DPG)
Dipropylene Glycol LO+ (DPG LO+)
Tripropylene Glycol Regular Grade (TPG)
Tripropylene Glycol Acrylate Grade (TPG Ac)
The price rise will take effect 1 Dec 2007, Dow said, in a separate 2 Nov announcement.
And the company is also raising propylene oxide (PO) prices from the same date, or as contracts allow; off-list prices in North America will go up by $0.08/lb.
Dow says it is the world's largest producer of PO and propylene glycols, with a global annual capacity of around 1.9 million tonnes for PO and more than 453 kilotonnes for PG.