Dow again raises prices on emulsion polymer products for carpet

Effective Sept. 13, the Dow Emulsion Polymers business is increasing the prices of all latex sold into the carpet industry by 5 cents per pound (dry) in the United States and Canada. This increase is in addition to the 5 cents-per-pound August price increase. All other terms and conditions remain the same.

"While we see firmness in latex demand and increasing tightening of raw material supply, we are dealing with continuing volatility in oil pricing and energy costs and, consequently, unusually high feedstock prices," said Horacio Percossi, vice president, Dow Latex. "The impact of these mixed market fundamentals has created a much higher cost base. Dow can no longer absorb the increases in raw material costs and must work to restore margins to ensure that we can continue to meet customer needs in the future."