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Dow to exit hydroxyalkyl acrylates market
December 20, 2007 |
Dow Chemical Co., Midland, MI, announced its intent to stop producing and marketing hydroxyalkyl acrylates(HAA)by the end of 2007. The HAA product line includes hydroxyethyl acrylate(HEA)and hydroxypropyl acrylate(HPA). These products are sold largely to major coatings formulators for use in automotive topcoat applications. �Dow's competitiveness in the HAA market has deteriorated significantly as a result of high raw material costs, industry overcapacity and declining demand with a shift to low acid HAA products,� explains Chris Kok, global HAA product manager in a release.
www.dow.com
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