Dow Chemicals sets new price hikes, cuts output
ju4 wa4i dia4n zo1ng he2 ba4o da4o :\n  NEW YORK, June 24 (Reuters) - Dow Chemical Co <DOW.N>, the\nbiggest U.S. chemicals manufacturer, said on Tuesday it will\nraise prices for its products by 25 percent, institute freight\nsurcharges and cut back on output of some products because of\nsoaring energy prices.\nThe price hikes are the second in a month by the Midland,\nMichigan-based company that makes thousands of products ranging\nfrom plastic wraps to car parts and insecticides.\nDow said it is also undertaking a series of cost reduction\nmeasures at its automotive unit.\n(Reporting by Matt Daily, editing by Gerald E. McCormick)\n((Reuters Messaging: matt.daily.reuters.com@reuters.net;\nE-mail: matt.daily@reuters.com; 1 646 223 6121))\n((Multimedia versions of Reuters Top News are now available\nfor: * 3000 Xtra: visit http://topnews.session.rservices.com\n* BridgeStation: view story .134\nFor more information on Top News: http://topnews.reuters.com))\nKeywords: DOW/PRICES