ERROR 1
ERROR 1
ERROR 2
ERROR 2
ERROR 2
ERROR 2
ERROR 2
Password and Confirm password must match.
If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)
ERROR 2
ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.
Dow Chemical is raising prices for all of its products in response to rising energy costs. The company says prices for some products could increase by as much as 20%, depending on how hard the goods have been hit by rising feedstock, energy, and transportation costs.
Dow CEO Andrew N. Liveris says his company's "feedstock and energy bill" increased by 42% in the first quarter of this year compared with the same quarter last year. At current rates, Liveris adds, Dow's combined energy and feedstock costs could hit $32 billion this year, compared with only $8 billion in 2002.
The U.S. government's failure to develop a comprehensive energy policy has undermined U.S. competitiveness and is weakening domestic demand, Liveris says. "For years, Washington has failed to address the issue of rising energy costs, and as a result the country now faces a true energy crisis, one that is causing serious harm to America's manufacturing sector and all consumers of energy."
Join the conversation
Contact the reporter
Submit a Letter to the Editor for publication
Engage with us on Twitter