ROH to impose indexed raw material & energy surcharge for SMB

30 Apr '08

1 min read

Rohm and Haas Company said it will apply an indexed raw material and energy surcharge to products made by its US$4.9 billion Specialty Materials Businesses (SMB), beginning in May.

The index will be adjusted up or down monthly, based on the collective changes in key raw material, crude oil and natural gas costs.

These businesses - Paint and Coatings Materials, Packaging and Building Materials and Primary Materials - make performance-based products used in paints and coatings, adhesives, caulks, dispersants, plastics additives, and more.

The index will be in place for products shipped in North America, effective May 1, 2008, for products shipped in Latin America, Western Europe, the Middle East and Africa no later than May 7, 2008, and in Central and Eastern Europe and Turkey no later than May 15, 2008.

Customers are being notified individually about how the index will apply to their purchases. The increase, or decrease, in this surcharge will be reflected in monthly customer billings.

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