Effective from April 1, 2002, Dow Europe has imposed an €100/t price increase in Europe for all PP resins, Inspire performance polymers, LDPE resins, and HDPE resins, Dowlex LLDPE resins, Attane ultra LDPE copolymers, Elite enhanced PE resins and Aspun fibre grade resins.
Dow says: "The previous prices did not allow for acceptable margins in the current market conditions. Supply for PE and PP resins remains tight due to strong demand from converters." It claims the demand is "unprecedented for this time of year".
