Industry News

Rohm and Haas Company Announces Price Increase For Architectural and Functional Coatings In North America

Published on 2006-06-09. Author : SpecialChem

Philadelphia, PA, -- Rohm and Haas Company will implement list and off-list price increases for acrylic and styrene-acrylic emulsions, solution and solid-grade acrylic resins, additives, and colorants sold to the architectural coatings, industrial coatings, construction and building products, graphic arts, and the textile and non-woven industries in North America. An increase of $0.03 per wet pound for acrylic and styrene-acrylic emulsions and all additives, and an increase of 5% per pound for solution and solid grade resins and colorants will take effect July 1, 2006 or as contracts allow.

In making the announcement, James Swanson, Vice President and General Manager, Architectural and Functional Coatings North America, cited the continuing run up in raw material, energy, and freight costs as reasons for the increase. Mr. Swanson pointed out that propylene prices are set to exceed the historic level set after Hurricane Katrina last year and are not expected to ease significantly before the end of the year.

About Rohm and Haas Company

Rohm and Haas is a global leader 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 markets including: Building and Construction, Electronics, Industrial Process, Packaging and Paper, Transportation, Household and Personal Care, Water, Food and Retail, and Pharmaceutical and Medical. Its technologies and solutions help to improve life everyday, around the world. Based in Philadelphia, Pa, the company generated annual sales of approximately $8 billion in 2005.

Source: Rohm and Haas

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