Company cites changes in industry fundamentals as reason
Houston-based Dow Wire and Cable Business will adjust the net pricing of its products, effective Jan. 1, 2010. This action, according to the company, is driven by a combination of critical industry fundamentals, among them, increased crude oil volatility, and the increasing costs of basic raw materials.
Net pricing of compounds will change as follows:
- Telecommunications, low-voltage, and jacketing products will increase $0.06 per pound net.
- Medium-voltage and high-voltage products (including insulation and semicons) will increase $0.10 per pound net.
- Fire-retardant grades will increase $0.20 per pound net.