Insights/Marketing

Consumers buy flowers to enhance 'staycations'
On June 1, Dow Chemical Co. raised the price of all its products by as much as 20 percent due to rising energy, raw materials and transportation costs. Dow chairman and CEO Andrew Liveris said the price increases were necessary for the company to deal with rising costs. Liveris said the company's first-quarter materials and energy bill had increased a "staggering" 42 percent from the same period a year ago. In 2002, Dow spent $8 billion on energy and hydrocarbon-based feed stocks.
 

 

Features
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Industry news
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