Reichhold Announces Price Increase on all Products for European Composites Industry

100 EUR per Metric Ton, Effective February 1st
RESEARCH TRIANGLE PARK, N.C.--(Business Wire)--Reichhold announced today a price increase of 100 EUR per metric
ton (0.10 EUR /Kg), effective for all orders shipped on or after
February 01, 2008, on all of its products sold to the Composites
Industry in Europe.

"This increase is an unavoidable response to the continuously
increasing prices of all main key feedstock and raw materials utilized
to manufacture Polyester Resins," explained Reichhold Vice President
of Sales, EMEA, Alberto Piccinotti.

Escalating crude oil prices combined with a tight balance between
available raw material feedstock supplies and strong demand are
driving up the cost of the raw materials in the region.

In a very volatile raw material market, Reichhold makes every
effort to mitigate the impact of raw material costs and to secure the
volumes required to support Composites Industry growth.

We appreciate our customers understanding.

For more information on Reichhold's technologies for the
Composites Industry, visit www.reichhold.com or email
composites@reichhold.com.

About Reichhold

Founded in 1927, Reichhold celebrates 80 years in business in
2007. With its world headquarters and technology center in Research
Triangle Park, North Carolina, USA, Reichhold is the world's largest
manufacturer of unsaturated polyester resins and a leading supplier of
coating resins for the industrial, transportation, building and
construction, marine, consumer and graphic arts markets. Reichhold has
manufacturing operations throughout North America, Latin America, the
Middle East and Europe.

Reichhold
Cris Masselle, 919-990-7504
cris.masselle@reichhold.com

Copyright Business Wire 2008