Dow Announces a Price Increase for Vinyl Acetate Monomer in All Regions
Midland, MI - The Dow Chemical Company (“Dow”) announced today that, effective immedately or as otherwise allowed by individual contract terms, it will increase list and off-list selling prices for vinyl acetate monomer (VAM) in North America by US$0.18 per pound. In addition, Dow will increase prices in Latin America, India/Middle East/Africa and Asia Pacific by US$400 per metric ton and in Europe by 300 Euros per metric ton.
“Currently, the VAM industry is experiencing extremely tight global supply, high demand and continually rising raw material and freight costs” said Antulio Borneo, Global Business Director, Vinyl Acetate Monomer. “These conditions have made it necessary for Dow to increase its prices to continue to reliably serve its VAM customers, to manage high current demand and recover escalating costs.”
For more information about vinyl acetate monomer, visit www.dowvam.com.
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