Rhodia announces global price increases on all products

paris - Rhodia has announced worldwide price increases in the range of 7 percent to 15 percent depending on product line.

Although Rhodia said it has put into place a number of action plans over the past few years to improve productivity and reduce costs, the company said these price increases, "are required to help respond to the dramatic and simultaneous rising costs of energy, raw materials and transport, and to defend Rhodia's margins at a time when the demand for specialty chemicals is strengthening worldwide."

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Press release from Rhodia