
1 Jun 2007
Rhodia Polyamide Announces a Price Increase for its STABAMID® Polymer and Salt Range
Lyon, France - June 1, 2007 – Rhodia Polyamide announces a price increase of €100 per tonne - effective in June - for its STABAMID® Polyamide polymer and salt product range. Price increases will also be implemented in the Americas and Asia.
Energy, raw material prices and transportation costs continue to rise significantly. “This trend is persisting, therefore a price increase for our polymers and salt become inevitable”, explains Dominique Rage, President Intermediates and Polymers of Rhodia Polyamide. “If the industry continues to be exposed to rising energy and raw material costs over the next few months further price increases cannot be avoided, “he added.
Reader enquiries
Rhodia Engineering Plastics
Avenue Ramboz
F-69192 Saint-Fons Cedex
France
Notes for editors
Rhodia Polyamide is an upstream integrated company providing intermediates for polyamide and other applications, polyamide polymers, as well as a complete downstream range of added value products including engineering plastics polyamide 6.6 and 6 based, industrial polyamide yarns, technical and consumer polyamide fibers and textile yarns. With fourteen state-of-the art production facilities along with R&D and technical centers, Rhodia Polyamide serves customers on every continent, with the capability to develop products and technologies locally.
Rhodia, a chemist, leader in its businesses, is an international industrial group resolutely committed to sustainable development. The Group aims to improve its customers' performance through the pursuit of operational excellence and its ability to innovate. Structured around seven Enterprises, Rhodia is the partner of major players in the automotive, tire, electronics, perfume, health and beauty and home care markets. Rhodia is listed on Euronext Paris and the New York Stock Exchange. The Group generated sales of €4.8 billion in 2006 and employs around 16,000 people worldwide. Rhodia is listed on the Paris and New York stock exchanges.
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EMG
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