Reichhold raises price of all products for composites industry
17 Jun '08
1 min read
Reichhold announced a price increase of 110 € per metric ton (0.11 €/Kg), effective for all orders shipped on or after July 01, 2008, on all of its products sold to the composites industry in Europe.
“All key cost components including, raw materials, energy and transportation, continue to escalate to unprecedented levels resulting in the need to increase our product prices in order to partially offset the impact of these dramatic price increases,” said Alberto Piccinotti, Reichhold vice president of sales, EMEA.
Reichhold is making every effort to mitigate the impact of rising costs upon product pricing and appreciate our customers understanding.