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People & Business :: Companies

Rhodia Raises Selling Prices Worldwide

4:04 AM MST | November 22, 2007 | Kerri Walsh

Rhodia says it raised its worldwide price by 7% to 15% depending on product line, effective immediately. “Although Rhodia has put into place a number of action plans over the past few years to improve productivity and reduce costs, the price increases announced today 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,” Rhodia...

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