Bomlitz, Germany - November 10, 2008
In response to continued increases in raw material costs, Dow Wolff Cellulosics today announced that it will increase prices for the Nitrocellulose portfolio globally up to 15 percent, depending on specific grades and market segments. The price increases are effective as of December 1, 2008 or as contracts allow.
The products impacted by this announcement are all nitrocellulose grades under the brand names of WalsroderTM Nitrocellulose and WalsroderTM NC-Chips.
“Price adjustments will partially offset a number of cost pressures which we cannot ignore. While hydrocarbon & energy costs are falling, key raw materials into NC like cellulose pulp continue to be on the rise.,” said Andre Popp, global marketing manager Nitrocellulose, Dow Wolff Cellulosics. “In addition, they will allow us to continue to invest in the safety of our facilities which has highest priority.to fulfill the future needs of our customers and markets.”
About Dow Wolff Cellulosics
A preferred development partner in its markets, Dow Wolff Cellulosics supplies high-performance cellulose derivatives and complementary chemistries, and is expert in formulation know-how for a broad variety of end-use products in construction, food, personal care, pharmaceuticals, paint and other specialty industrial applications.
A business unit of The Dow Chemical Company, Dow Wolff Cellulosics was created on July 01, 2007 as a new business encompassing the activities of Wolff Walsrode and Dow’s Water Soluble Polymers business. More details about Dow Wolff Cellulosics are on the Web at www.dowwolffcellulosics.com.
About Dow
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For Editorial Information:
Michael Heinz
Dow Wolff Cellulosics
mheinz@dow.com
