| By Rohm and Haas - Shanghai, China |
| Wednesday, 09 July 2008 |
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Rohm and Haas’s Packaging and Building Materials business today 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. |
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The increase of between 10-20% for all products including acrylics and modified acrylics, styrenics and modified styrenics, polyurethanes, polyesters and complementary technologies, will take effect from July 15, 2008 or as contracts allow. |
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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 |
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Medical, Water, Food and Food Related, and Industrial Process. Innovative Rohm and Haas technologies and solutions help to improve life every day, around the world. Based in Philadelphia, PA, the company generated annual sales of approximately $8.9 billion in 2007.
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