Dow & propylene glycol
This article was originally published in The Tan Sheet
Executive Summary
Leading manufacturer of food, drug stabilizer announces 4¢ per lb. increase in off-list prices of ingredient effective June 1. Dow Chemical Company cites "higher costs for propylene monomer and increased natural gas prices" as reasons for the increase. Despite price jump, Dow expects demand for PG will increase during the rest of 2002; PG is used in many OTC drugs, including eye care products, acne medications, nasal sprays, firm says...