Rohm And Haas announces 3% price hike

By siliconindia   |   Thursday, 20 March 2003, 20:30 IST
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PHILADELPHIA: Rohm and Haas Powder Coatings announces a 3% general price increase for all powder coatings products. The price change will take effect April 1, 2003 or as contracts permit. The increase is needed to cover the continued increases in energy and raw material costs. Additionally, Powder Coatings will closely monitor energy and transportation costs. In the event of further increases, a temporary transportation surcharge may be necessary. Rohm and Haas Company (NYSE: ROH - News), worldwide producer of specialty chemicals, is a $5.7 billion company with more than 100 plants and research facilities in 25 countries. Rohm and Haas chemicals are found in paint and coatings, adhesives and sealants, construction materials, personal computers and electronic components, household cleaning products and thousands of everyday products.