Rohm and Haas Company, a Philadelphia-based specialty materials company, has announced plans to quickly implement selling price increases to offset the impact of unprecedented raw material, feedstock, energy and freight-related cost increases in recent weeks.

"While Rohm and Haas Company does not have any operating facilities in the Gulf Coast area impacted by Hurricane Katrina, and we expect minimal supply disruptions as a result of the storm, the disaster is exacerbating the situation with regards to raw material and energy-related costs," said Raj L. Gupta, chairman, president and chief executive officer.

The company also said that based on the current business outlook for the third quarter, it expects sales in the quarter to be approximately $1.9 billion. This outlook is consistent with the company's full year 2005 guidance issued on July 21, 2005. Rohm and Haas Company's third quarter results will be released on October 20, 2005.