Dow Announces Price Increase for Specialty Alkanolamines
Discontinues Sales of Trolamine NF
"We're encouraged by the stronger-than-expected demand for ethanolamines for use in new and growing applications," says Ken Bromfield, global product manager, Ethanolamines. "At the same time, Dow must improve the reinvestment economics of this business for the long-term. And to do that, we must increase prices." Bromfield adds that despite recent price increases, "we have been unable to achieve an acceptable return on Trolamine, so we have made the decision to discontinue sales of Trolamine NF, effective June 30, 2004. This should allow our customers to find alternate sources of supply."
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