IHS Chemical Week

Economics :: Prices

Dow Europe Institutes Forward PE Pricing

1:15 PM MDT | October 17, 2007 | Chemical Week Editorial Staff

Dow Europe is instituting forward pricing for all of its low-density polyethylene (PE), linear low-density PE and high-density PE resin grades in Europe, effective November 1. Forward pricing is already the normal practice elsewhere in the world, and the company has forward price-setting mechanisms in place for other plastics products, including propylene and polystyrene, the company says. The new price-setting mechanism will enable the company to “tackle the rapid change of feedstock cost more proactively,” says Isidro Quiroga, commercial...

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