Dow to hike PE prices in Europe in September

With effect from 1 September 2007, Dow Europe (Horgen, Switzerland) plans yet another increase in European PE prices. This time, the hike is EUR 50/ton for all grades of LDPE and HDPE resins, "Dowlex" PE resins, "Attane" ultra low density polyethylene (ULDPE) copolymers, "Elite" enhanced polyethylene resins and "Aspun" fibre-grade resins. This is the second price hike Dow has announced within two months. On 1 August 2007, Dow had announced a EUR 60/ton rise for the same products.