Rockwood Clay-Based Additives Announces Global Price Increase
GONZALES, TX (June 21, 2011)– Effective July 1, 2011, or as agreements allow, Rockwood Clay-Based Additives will be increasing prices globally from five to 20 percent, depending on grade. This action impacts specialty chemicals and rheological additives in all markets and regions represented by Southern Clay Products, Inc., Rockwood Additives Ltd. and Rockwood Clay Additives GmbH. "This increase is driven primarily by increased raw material costs," explains Don Poucher, vice president of global sales and marketing for Rockwood Clay-Based Additives, "and further magnified by rising energy and transportation costs."
About Rockwood Clay-Based Additives
Comprised of Southern Clay Products, Inc., Rockwood Additives Ltd. and Rockwood Clay Additives GmbH, Rockwood Clay-Based Additives is a leading supplier of natural smectite-based and synthetic additives that are used to perform critical functions by manufacturers of industrial and consumer products. Rockwood's additives enhance the appearance, feel and function of paints and coatings; institutional and household cleansers; personal care products; inks; greases; oilfield drilling fluids, and more. For more information on the full range of products, please visitwww.scprod.comorwww.rockwoodadditives.com.
About Rockwood Holdings, Inc.
Rockwood Clay-Based Additives is a business unit of Rockwood Holdings, Inc. ("Rockwood"), a leading global specialty chemicals and advanced materials company. Rockwood has a worldwide employee base of approximately 9,700 people and annual net sales of approximately $3.2 billion. Rockwood focuses on global niche segments of the specialty chemicals, pigments and additives and advanced materials markets. For more information on Rockwood Holdings, Inc., please visitwww.rocksp.com. NYSE: ROC
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