Dow Increasing Latex Prices in U.S., Canada

Midland, MI, January 8, 2008--Effective Feb. 4, the Dow Carpet Latex business is increasing the prices of all styrene butadiene latex and acrylic latex products sold into the carpet industry by 5 cents per pound (dry) in the United States and Canada.

Dow is implementing this price increase—measured in U.S. currency—on latex carpet products to help offset rising manufacturing costs, which have eroded margins.