4 Mar 2008
Rhodia Silcea announces a worldwide 12 percent price increase for its range of precipitated silica
Lyon, France, March 4, 2008 – Rhodia Silcea announces a 12 percent price increase worldwide – with immediate effect - for its precipitated silica range to face the unprecedented rise in raw materials and energy costs.
"Despite our best efforts to offset rising costs by productivity performance improvements, Rhodia Silcea is obliged to pass on the increase through the price of its silica to ensure sustainable margins," explains Peter Browning, Global Silica Business Director, Rhodia Silcea.
Rhodia Silcea continuously strives to counteract escalating costs with productivity programmes and other containment measures. However, the sustained magnitude of cost increases makes this price rise absolutely essential and unavoidable.
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Notes for editors
Silcea is Rhodia's fine inorganic chemistry enterprise and the global leader in rare earth-based materials and high performance silica. Rhodia Silcea supplies major players focused on sustainable mobility with a complete range of materials for exhaust emissions control. On the electronics market, Silcea is the specialist for phosphors used in low-energy lamps, LCD and plasma flat screens. Inventor of highly dispersible silica, which in particular reduces fuel consumption, Rhodia Silcea is a key partner for the tire industry, as well as the elastomer, feed and food industries.
Rhodia is an international chemical company resolutely committed to sustainable development. Leader in its businesses, the Group aims to improve its customers' performance through the pursuit of operational excellence and its ability to innovate. Structured around seven Enterprises, Rhodia is the partner of major players in the automotive, tire, electronics, perfume, health and beauty and home care markets. The Group employs around 15,500 people worldwide and generated sales of €5.1 billion in 2007. Rhodia is listed on Euronext Paris.