Dow Polyurethanes increases prices
Dow Polyurethanes, a business group of The Dow Chemical Co., Midland, Mich., raised prices for VORANATE* TDI (toluene diisocyanate) by 8 cents per pound with an increase of 3 cents per pound for tank-truck deliveries. An increase of 6 cents per pound with an upcharge of 3 cents per pound for tank-truck shipments also occurred for VORANOL* polyether and copolymer polyols, VORALUX* polyurethane components and SPECFLEX* polyurethane components. The price changes became effective Sept. 1.
The company says the price increases are a result of rising propylene and natural gas prices; these products make propylene oxide that, in turn, is involved in the manufacture of polyether polyols.
In addition, Dow Polyurethanes reports its TDI supply will be limited for the rest of 2002 because of an equipment failure at its Freeport, Texas, facility. The failure forced the company to shut down it Freeport TDI train. Therefore, Dow Polyurethanes placed its TDI supply on order control in North America and the Pacific.