Reichhold Announces Price Increase on Products for EMEA Composites Industry
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Reichhold announced a price increase of 100 EUR (Euro) per metric ton (0.10 EUR/Kg) on all of its products sold to the composites industry in the EMEA region (Europe / Middle East / Africa) effective for all orders shipped on or after May 1, 2007.
"This increase is a necessary response to the rising cost of key feedstock and raw materials and escalating transportation and energy costs," explained Reichhold Vice President of Sales, EMEA, Alberto Piccinotti.