Rhodia to Increase Price of Silica and Other Products

Chemical manufacturer Rhodia, whose Rhodia Sileca enterprise produces silica for use in tyre manufacture, announced on November 22 impending worldwide price increases for its products. These increases will be in the range of 7 to 15 per cent, depending on product line.

The company reports in a statement that the price rises are a necessary measure: “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.”