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| March 17, 2005 |
SGL Carbon to increase prices for carbon fibers
and carbon fiber products
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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.”
Forward-looking statements:
This document contains forward-looking statements. These statements
reflect the current belief of SGL Carbon’s management as
well as assumptions made by, and information available to, the
SGL Group. Forward-looking statements are not guarantees of future
performance and involve risks and uncertainties. Actual future
results and developments could differ materially from those set
forth in these statements due to various factors. These factors
include changes in the general economic and competitive situation,
particularly in SGL Carbon’s businesses and markets; changes
resulting from acquisitions and the subsequent integration of companies;
and changes resulting from restructuring measures. In addition,
future results and developments could be affected by the performance
of financial markets; fluctuations in exchange rates; changes in
national and supranational law, particularly with regard to tax
regulations; and other risks and uncertainties, including those
detailed in SGL Carbon’s filings with the U.S. Securities
and Exchange Commission. SGL Carbon assumes no obligation to update
forward-looking statements.
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