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2004-11-30

Rhodia Polyamide announces further price increases for polyamide resins, fibers and compounds

Rhodia Polyamide (www.eu.rhodia.com) announces a price increase of € 200 per metric ton for Rhodia’s PA 6.6 base resins, Performance Fibers and Technyl® polyamide compounds in Europe. This increase is effective as of January 1st, 2005.

This price increase is required to help absorb unprecedented rising costs in transport, energy and raw materials, in particular benzene, butadiene and caprolactam. Additional price increases might be necessary in the next months to compensate the continuous erosion of margins at a time when the global polyamide demand is strengthening worldwide, and the industry capacity is very tight.

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Rhodia is one of the world’s leading manufacturers of specialty chemicals. Providing a wide range of innovative products and services to the consumer care, food, industrial care, pharmaceuticals, agrochemicals, automotive, electronics and fibers markets, Rhodia offers its customers tailor-made solutions based on the cross-fertilization of technologies, people and expertise.

Rhodia Polyamide, St. Fons, France

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