Industry News

Rohm and Haas Announces Price Increase for Packaging and Building Materials in Asia-Pacific

Published on 2007-12-07. Author : SpecialChem

SHANGHAI, China -- Rohm and Haas's (NYSE:ROH - News) Packaging and Building Materials business announced a price increase for all products sold in the Asia-Pacific Region to the adhesives, plastic additives, textiles, non-woven, graphic arts, paper and leather industries. The increase of 10% for all tin-based heat stabilizers, and between 5-10% for all other products including acrylics and modified acrylics, styrenics and modified styrenics, polyurethanes, polyesters and complementary technologies, will take effect from January 1, 2008 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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