February 19 (plasteurope) -- Roughly a month and a half after it announced price increases for polyols, toluene diisocyanate (TDI) and methyl diphenyl isocanate (MDI) in the Middle East, Africa and India, Dow Polyurethanes has said it will raise prices for these feedstocks in Europe as well.
Effective 1 March 2010, the group will charge an additional EUR 200/t for polyols and MDI, whereas the price of TDI will be raised by EUR 250/t. Dow said it hoped the hike would help restore its margins.
Share in the Russian market, 2008:
polystyrene - 2.6%.
Annual sales growth in Russia, recent 5 years:
polyethylene - 55%;
polypropylene - 28%;
polystyrene - 2%.
Imports by processing technologies: