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Dow Polyurethanes raises prices

Dow Polyurethanes, Midland, Mich., increased off-list prices for its pure and polymeric methylene diphenyl diisocyanate (MDI) products and VORANOL* polyether and co-polymer polyols by 6 cents per pound for rail-car shipments. The MDI price increase is for flexible coatings, adhesives, sealants and elastomers, as well as rigid applications in North America. The increase for polyether and co-polymer polyols applies to coatings, adhesives, sealants, elastomers and rigid applications in North America. The price increases were effective Jan. 1.

"There has been continued cost pressure on MDI and polyol production throughout 2002," says Richard Beitel, Dow Polyurethanes' commercial director. "The result has been a decrease in margins and loss of profitability for Dow Polyurethanes. To be a viable, long-term supplier of these products, we need to increase prices and recover our losses."

Foreman and company are found guilty