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HORGEN, Switzerland -- Dow Coating Materials will implement a price increase in Europe, including central and eastern Europe and Russia, for all products sold to the architectural and industrial coatings markets. The increase, effective February 1, 2010, or as contracts allow, will affect all acrylic and styrene-acrylic emulsions, vinyl based emulsions, rheology modifiers, solvent-based solid and solution acrylic polymers, opaque polymers, and dispersants.
For all acrylic products the prices will increase by five percent, for styrene acrylic and vinyl based emulsions by eight percent, and opaque polymers by 10 percent.
The increases are necessitated by the continued cost escalation of key raw materials used to manufacture these products.
About Dow Coating Materials:
Dow Coating Materials is the premier supplier of products and technologies to architectural and industrial coatings manufacturers worldwide. Combining the extensive resources of Dow and recently-acquired Rohm and Haas Company, the new business provides formulators a wide range of chemistries and support across many different product lines, including core binder technologies, additives and solvents. Additionally, Dow Coating Materials operates 13 dedicated R&D labs across all major geographies where Dow does business.
About Dow:
Dow is a diversified chemical company that combines the power of science and technology with the "Human Element" to constantly improve what is essential to human progress. The Company delivers a broad range of products and services to customers in approximately 160 countries, connecting chemistry and innovation with the principles of sustainability to help provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products. In 2008, Dow had annual sales of $57.4 billion and employed approximately 46,000 people worldwide. The Company has 150 manufacturing sites in 35 countries and produces approximately 3,300 products. On April 1, 2009, Dow acquired Rohm and Haas Company, a global specialty materials company with sales of $10 billion in 2008, 98 manufacturing sites in 30 countries and approximately 15,000 employees worldwide. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.
Source: Dow
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