Industry News

Rohm and Haas company announces price increase for paint and coating materials in North America

Published on 2007-10-25. Author : SpecialChem

PHILADELPHIA, PA -- Rohm and Haas's Paint and Coatings Materials business has announced a list and off-list price increase for all of its products sold in North America. The increase includes all acrylic and styrene-acrylic emulsions, solution and solid-grade acrylic resins, vinyl-acetate-based emulsions, and additives sold to the architectural coatings, industrial coatings, traffic paint, floor care, construction and building products, and industrial nonwovens industries. The increase of up to 10% will take effect November 1, 2007, or as contracts allow.

In making the announcement, James Swanson, Vice President and General Manager, Paint and Coating Materials North America, cited the continuing escalation of raw material, energy, and transportation costs as the primary reason for the increase. Mr. Swanson stated, "We are constantly looking for ways to control costs and to minimize their impact on our customers. We will continue these efforts and remain committed to bringing to the industry the high quality and technically superior products expected from Rohm and Haas."

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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