Dow Corning announces price increase on global release coating product line

Effective July 1, 2005, or as contracts allow, Dow Corning will implement a 5-7% price increase on its global release coating product line. In a statement, the company commented: ‘Dow Corning has aggressively implemented continuous productivity improvement programs over the last three years. However, these productivity gains do not offset the considerable raw material cost increases. Escalating prices of platinum metal have driven this action, along with global trends in methanol, energy, silicon metal and solvents. This price increase will enable Dow Corning to continue to meet expectations for technical solutions and reliable product supply.’