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Reichhold Announces Price Increase on all Products for European Composites Industry
03-Jun-2009
- USA
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Reichhold announces 5% price increase effective as of June 15th, 2009 on all its Products sold in Europe.
Growing concern about rising prices of crude oil, feedstock and main Raw Materials together with the need to restore margins at a minimum level required to offset fixed cost and to support investments are the driving reasons, according to the company.