Dow Automotive to raise prices to offset costs

Newswire

By Jui Chakravorty DETROIT, Oct 30 (Reuters) - Dow Automotive, which supplies plastics, adhesives, sealants and fluids to automakers, will raise prices next year due to higher raw material costs in the United States, the unit of Dow Chemical Co. said on Monday. The company also said it would begin doing more manufacturing overseas to help lower costs. "We will continue to see higher costs next year, versus the historical average, for natural gas as well as for raw materials," Dow ...

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