Dow Price Hikes in Europe
Price increases for Dow MDI and systems
Dow is announcing price increases for Europe, Middle-East, Africa and India for all MDI and Systems, with up to EUR 150 per metric tonne, or equivalent in other currencies, effective 1 April 2019 or as contract allow.
The company said in an announcement issued on 29 March that the decision is driven by increasing margin compression in its MDI and systems chain. The company furthermore explained that over the last several months, raw materials used in the production of the MDI and systems, have increased significantly while pricing has come under pressure across key market segments supplied by Dow, including Energy Efficiency & Construction, Industrial and Consumer markets.
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