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ots Ad hoc-Service: RHI AG <AT0000676903> RHI announces global effectually increase in prices: Global market leader in refractory products will raise prices by 3 - 6% in September

Vienna (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
In September, RHI, the global market leader in refractory
products, will increase its prices world-wide. As RHI announced
today, the increase in prices will be between 3 and 6% depending on
the product group. This will only apply to new orders. Deliveries
already in progress, long-term contracts and basic agreements will
not be affected, says RHI. RHI specified the following reasons for
sending such a clear message on the price side: Raw materials costs
and energy costs (oil prices) have risen considerably; and the
company has to meet increasingly higher requirements in product
innovation, as its products are mainly in the high-quality segment.
RHI is the undisputed world market leader for high-grade ceramic
refractory products and services. These products are used in
particular in the iron and steel industry, the cement and lime
industry, the glass and non-ferrous metals industry, and cannot be
substituted for other products. RHIs other divisions are: RHI
Engineering, RHI Insulating, and RHI Waterproofing. RHI is the
leading provider of insulating materials in Central and Eastern
Europe.
The group employs about 14,500 employees world-wide at 180
manufacturing and service sites in 35 countries on all five
continents.
For further information: RHI AG: Peter Hofmann (Corporate
Communications) Phone +43 1 50213-123 / Fax +43 1 50213-130 e-mail: 
peter.hofmann@rhi-ag.com Home page: http:// www.rhi.at
End of message
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