DENHAM, N.C. (June 6)—Dow Reichhold Specialty Latex L.L.C. will boost prices globally for nitrile butadiene latex used to make gloves by 5 percent beginning July 1.
The company—a joint venture of Down Chemical Co. and Reichhold Inc., which is a subsidiary of Dainippon Ink and Chemicals—cited the continuing escalation in raw material and energy costs as key reasons for the price hike.
The nitrile butadiene latex hikes are the third Dow Reichhold has made this year. The company increased prices 5 cents a pound March 1 and another 15 percent May 1.