Rhodia Polyamide Announces a Price Increase
Rhodia Polyamide announced a worldwide 120EUR per ton price increase for its STABAMID® Polyamide resins and salt and TECHNYL® Polyamide PA6 and PA 6,6 compounds effective immediately.
On top of high global demand, raw material, energy and transportation costs continue to increase significantly. "This trend will persist, therefore a price increase for our resins and intermediates becomes inevitable", explains Gilles Grenier Vice-President Intermediates and Polymers of Rhodia Polyamide.
"Should the industry continue to be exposed to rising energy costs over the next few months further price increases cannot be ruled out," concluded Jean Claude Steinmetz, Vice-President Engineering Plastics of Rhodia Polyamide.
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