Wiesbaden, September 26, 2007. SGL Group
- The Carbon Company - announces today the following new prices
for its Graphite Electrodes effective immediately for all new business:
Europe:
- Regular-size Graphite Electrodes: 4650 €/MT
- Extra-size Graphite Electrodes: 4910 €/MT
Americas, Asia (excluding China*), Near Middle East and Africa:
- For regular-size Graphite Electrodes: 2,85 US$/lb (6280 US-$/mt)
- For extra-size Graphite Electrodes: 3,00
US$/lb (6610 US-$/mt)
Regular-sized is defined as: diameter 14" (350 mm) – 24" (600
mm)
Extra-sized is defined as: diameter 26" (650 mm) – 30" (750
mm)
These prices will be applicable for all new orders effective
immediately until
further notice and for shipments through December 31, 2008.
This price increase is due to recent major cost increases for
key raw materials and energy.
* Pricing in China is the sole responsibility
of the joint venture between SGL Group and Tokai in Shanghai
(STS).
About SGL Group – The Carbon Company
The SGL Group is one of the world’s leading manufacturers
of carbon-based products. It has a comprehensive portfolio
ranging from carbon and graphite products to carbon fibers and
composites. SGL Group’s core competencies are its expertise
in high-temperature technology as well as its applications and
engineering know-how gained over many years. These competencies
enable the Company to make full use of its broad material
base. SGL Group’s carbon-based materials combine several
unique properties such as electrical and thermal conductivity,
heat and corrosion resistance as well as high mechanical strength
combined with low weight. Due to the paradigm shift in the use
of materials as a result of the worldwide shortage of energy
and raw materials, there is a growing demand for SGL Group’s
high-performance materials and products from an increasing number
of industries. Carbon and graphite products are used whenever
other materials such as steel, aluminum, copper, plastics, wood
etc. fail due to their limited properties. Products from the
SGL Group are used predominantly in the steel, aluminum, automotive,
chemical and glass/ceramics industries. However, manufacturers
in the semiconductor, battery, solar/wind energy, environmental
protection, aerospace and defense industries as well as in the
nuclear energy industry also figure among the Company’s
customers.
With around 30 production sites in Europe, North America and
Asia as well as a service network covering more than 100 countries,
the SGL Group is a company with a global presence. In 2006, the
Company’s workforce of 5,250 generated sales
of € 1.2 billion. The Company’s head office is located
in Wiesbaden/Germany.
Important note:
This press release contains statements on future developments
that are based on currently available information and that
involve risks and uncertainties that could lead to actual results
deviating from these forward-looking statements. The statements
on future developments are not to be understood as guarantees.
The future developments and events are dependent on a number
of factors, they include various risks and unanticipated circumstances
and are based on assumptions that may not be correct. These
risks and uncertainties include, for example, unforeseeable
changes in political, economic and business conditions, particularly
in the area of electrosteel production, the competitive situation,
interest rate and currency developments, technological developments
and other risks and unanticipated circumstances. We see other
risks in price developments, unexpected developments relating
to acquired and consolidated companies and in the ongoing cost
optimization programs. SGL Group does not intend to update
these forward-looking statements.
|