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Release ID:   99    Location:   Schenectady, NY 

FOR IMMEDIATE RELEASE

Contact:
Juliana Lam
Manager, Global Brand and Communications
SI Group
Office: (518) 347-4110
    Cell: (518) 248-4178
Juliana.Lam@siigroup.com

Price Increase Notice 

(Schenectady, NY) November 26, 2007.  SI Group and its affiliates announce a global price increase on all tackifier and reinforcing resin products for automotive tire applications effective January 1, 2008. The base price of tackifier resins will increase by $.20/kg, and reinforcing resin prices will increase by $.10/kg, unless existing customer contracts provide otherwise.

SI Group is the leading innovator in phenolic resin technology for the tire industry.  SI Group is a global chemical manufacturer with over 20 operations in 13 countries. For more information visit www.siigroup.com.