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Rohm and Haas Architectural and Functional Coatings Europe Announces Price Increase

Published on 2004-12-17. Author : SpecialChem

Frankfurt, Germany -- Rohm and Haas Architectural and Functional Coatings Europe (NYSE: ROH) will implement price increases for all products sold to the architectural coatings, industrial coatings, construction and building products, graphic arts, paper, leather and textile, and non-wovens industries effective February 1, 2005 or as contracts allow.

The 5-7% increase for the Primal, Acrysol, Orotan, and Ropaque products is required to offset the continuing high prices of crude oil and all major petrochemical feedstock costs, especially styrene, propylene, and butanol which have reached record levels. Shortages and spot outages of feedstocks are aggravating the economic picture.

Customers will be notified directly about the impact of these price changes according to the specific products they purchase.

About Rohm and Haas Company

Rohm and Haas, worldwide producer of specialty chemicals, is a $7 billion company with more than 100 plants and research facilities in 27 countries. The Coatings business group is the company's largest business unit, manufacturing a wide range of acrylic, acrylic-styrene and vinyl-acrylic binders, rheology modifiers, dispersants, opaque polymers, colorants and other products that are used in architectural and industrial paints, coatings and building products.

Source: Rohm and Haas


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