13 Sept 2005
Rhodia Polyamide announces price increases ranging from 6 to 9 percent to address unprecedented rise of energy costs
Lyon, France, September 13, 2005 – Rhodia Polyamide announces a 6 to 9 percent price increase for its STABAMID® Polyamide resins and TECHNYL® Polyamide compounds - effective globally - to face the continuous rise in raw materials and energy and transport costs. This present increase will take effect from October 1st, 2005. Similar price increases will be announced separately for other Rhodia Polyamide products, including fibres.
“Rhodia Polyamide is among the industry’s pioneers who proactively strive to reduce energy consumption while constantly integrating highest industry standards in its approach to sustainable development”, explains Alberto Pedrosa, president of Rhodia Polyamide.
This present decision falls in line with the pricing policy led by the Group for over a year, across all its activities, in order to compensate for the recurring rise in raw materials and energy and transport costs.
Reader enquiries
Rhodia Engineering Plastics
Avenue Ramboz
F-69192 Saint-Fons Cedex
France
Notes for editors
Rhodia Polyamide, headquartered in Lyon, France, is a major player in polyamide production worldwide. The company provides a wide range of innovative solutions in four main businesses: polyamide intermediates, engineering plastics 6.6 and 6 based, high tenacity yarns and fibres for industrial and textile applications.
Rhodia is a global specialty chemicals company recognized for its strong technology positions in applications chemistry, specialty materials & services and fine chemicals. Partnering with major players in the automotive, electronics, fibers, pharmaceuticals, agrochemicals, consumer care, tires and paints & coatings markets, Rhodia offers tailor-made solutions combining original molecules and technologies to respond to customers’ needs. Rhodia subscribes to the principles of Sustainable Development communicating its commitments and performance openly with stakeholders. Rhodia generated net sales of €5.3 billion in 2004 and employs 20,000 people worldwide. Rhodia is listed on the Paris and New York stock exchanges. For further details about the Group, visit Rhodia’s website at : www.rhodia.com
STABAMID® and TECHNYL® are registered trademarks of Rhodia.
Editorial enquiries
Jérôme Pisani
Rhodia Engineering Plastics
Alan Flower
EMG