Specialty chemicals company 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.
Alberto Pedrosa, President of Rhodia Polyamide explained that 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.
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.
STABAMID and TECHNYL are registered trademarks of Rhodia. 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.
Lyon based chemical company 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.
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