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Rohm and Haas Announces Price Increase for Adhesives and Sealants in North America

Published on 2007-10-29. Author : SpecialChem

PHILADELPHIA, PA -- Rohm and Haas's (NYSE: ROH), Packaging and Building Materials business announced a price increase for all products sold to the Adhesives and Sealants Industry. This includes all acrylic, vinyl acrylic, vinyl acetate emulsions, polyurethane, polyester, PVDC and complimentary technologies sold to the pressure sensitive, construction, flexible packaging, transportation, industrial and adhesives industries in North America. The increase, which ranges up to 10 percent, will take effect on November 1, 2007, or as contracts allow.

These increases are necessitated by tightening supply of feedstocks, rapidly rising feedstock costs, and continued increases in energy costs and freight costs.

About Rohm and Haas Company

Leading the way since 1909, Rohm and Haas is a global pioneer in the creation and development of innovative technologies and solutions for the specialty materials industry. The company's technologies are found in a wide range of industries including: Building and Construction, Electronics and Electronic Devices, Household Goods and Personal Care, Packaging and Paper, Transportation, Pharmaceutical and Medical, Water, Food and Food Related, and Industrial Process. Innovative Rohm and Haas technologies and solutions help to improve life everyday, around the world. Based in Philadelphia, PA, the company generated annual sales of approximately $8.2 billion in 2006.

Source: Rohm and Haas


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