Ferro Announces Price Increase for Calcium Stearate Product Lines

21-Dec-2006

Ferro Corporation's Organic Specialties Group announced that it increasing the price in North America for all fused grades of calcium Stearate and Aqueous Calcium Stearate Dispersions, by $0.05 per pound, as contracts allow. The increase is effective with shipments on and after January 15, 2007.

Peter Thomas, Vice President, Organic Specialties, noted that the increase is due primarily to the escalation of raw materials costs. "Our pricing action supports our ability to continue providing value to our customers while maintaining a competitive position," Thomas added.

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