Thursday, March 17, 2005
Double Digit Price Increases
SGL Carbon to increase prices for carbon fibers and carbon fiber products
Wiesbaden, March 17, 2005. SGL Carbon’s business unit SGL Technologies announces price increases across its carbon fiber products range with immediate effect. The double digit percentage increases vary from product to product and will affect the Company’s carbon fibers as well as fabrics, prepregs and other fiber-reinforced matrix products.
Jan Verdenhalven, Managing Director of SGL Technologies commented: "These price increases are based on raw material cost increases as well as on continually tightening demand and supply situation in the carbon fiber markets.”(emphasis added)But Larry, there is no inflation!