Midland,
Mich. – The Dow Chemical Company
will raise the price of its products by as much as an additional 25 percent in
July to offset the continuing rise in the cost of energy and hydrocarbon
feedstocks. Dow Chemical will also implement a freight surcharge of USD 300 per
shipment by truck and USD 600 per shipment by rail; this applies to North America customers buying chemicals, hydrocarbons,
and plastics where Dow absorbs the freight currently. Dow is also moving ahead
with plans to temporarily idle or reduce production at a number of
manufacturing plants.
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