Rohm and Haas Co. has joined Dow Chemical Co. and DuPont Co. in announcing price hikes to offset the soaring costs of feedstock and fuels, post-Katrina. Propylene prices are expected to spike 30% in Q4-2005, driven by higher energy prices and plant outages. Companies expect to recover these higher costs, expected to remain at extraordinarily high levels well into 2006, through price increases.
22-Sep-05 
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