Fuchs Will Raise Prices, Confirms Forecast, Euro am Sonntag Says

Fuchs Petrolub AG (FPE) will raise prices as the cost of raw materials increases, Euro am Sonntag cited Chief Financial Officer Alexander Selent as saying in an interview.

The maker of lubricants, based in Mannheim, Germany, is well prepared for any possible dissolution of the euro area, according to an e-mailed preview of the interview to be published later today. Selent confirmed the company’s forecast for 2012 sales, Euro am Sonntag said.

To contact the reporter on this story: Naomi Kresge in Berlin at nkresge@bloomberg.net

To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net

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