LyondellBasell Announced 12 cents/lb of PG increases today on top of a February 3c/lb increase. Dow also announced a slew of increases, all for 15c/lb, as shown below. Stay tuned to the blog for the latest market info.
Dear Dow Customer:
Effective March 1, 2012, or as contracts allow, The Dow Chemical Company,
(“Dow”) will increase off-list prices in North America (United States and Canada)
listfor the following products:
DOW PuraGuard™ PG USP/EP
Propylene Glycol Industrial (PGI)
Dipropylene Glycol LO+ (DPG LO+)
Dipropylene Glycol (DPG)
Tripropylene Glycol (TPG)
Tripropylene Glycol Acrylate Grade (TPG Ac)
In addition, 100% order control will be implemented effective immediately for
each product listed above; all monthly order volumes will be restricted to the
monthly maximum Dow is contractually obligated to sell.