 |
 |
 |
 |
 |
|
|||||
|
|||||
|
|
Rockwood Press Release
Southern Clay Products Increases Prices of Additives for Solvent-Based SystemsGONZALES, TX (April 24, 2008) – Effective June 1, 2008 or as contracts allow, Southern Clay Products, Inc. (SCP) will increase off schedule prices of its Claytone® and Tixogel® organoclay additives by an average of five percent in North and South America in response to rising raw materials costs. “We are experiencing significant increases in raw material costs,” explained SCP Vice President Don Poucher. “Despite our best efforts to reduce our operating costs and enhance efficiencies, we must pass on these cost increases to our customers.” Claytone® and Tixogel® rheological additives are produced from carefully selected natural sodium bentonite that are "organically modified" to provide various rheological characteristics to solvent-based or oil-based formulations. They are ideal for use in inks, paints, greases, oil well drilling fluids, consumer care products, sealants and adhesives. Southern Clay Products, Inc., Gonzales, Texas, is a subsidiary of Rockwood Holdings, Inc. and part of its Clay-Based Additives business, which is a leading supplier of smectite-based functional additives to several markets. The company's complete line of water- and solvent-based rheological additives includes Advitrol®, Bentolite®, Claytone®, Cloisite®, Encore®, Fulacolor®, Fulcat®, Garamite®, Gelwhite®, Laponite®, Mineral Colloid®, Nanofil®, Nanothix®, Optibent®, Optiflo®, Optigel®, Permont®, Pure Thix®, Rheocin® and Tixogel® rheological additives and Y-Type® anti-settling agents. For more information on the full range of products, please visit www.scprod.com. Rockwood Holdings, Inc. is a leading global specialty chemicals and advanced materials company. Rockwood has a worldwide employee base of more than 9,500 people and annual net sales of approximately $3.1 billion. The company focuses on global niche segments of the specialty chemicals, pigments and additives and advanced materials markets. For more information on Rockwood, please visit www.rocksp.com. The information set forth in this press release contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 concerning the business, operations and financial condition of Rockwood Holdings, Inc. and its subsidiaries and affiliates ("Rockwood"). Words such as, "anticipates," "believes," "estimates," "expects," "forecasts," "predicts" and variations of such words or expressions are intended to identify forward-looking statements. Although Rockwood believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, there can be no assurance that its expectations will be realized. "Forward-looking statements" consist of all non-historical information, including any statements referring to the prospects and future performance of Rockwood. Actual results could differ materially from those projected in Rockwood's forward-looking statements due to numerous known and unknown risks and uncertainties, including, among other things, the "Risk Factors" described in Rockwood's Form 2007 10-K on file with the Securities and Exchange Commission. Rockwood does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events. |
