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Solutia: price adjustment for PVB interlayers

Solutia“s Laminated Glazing Interlayers business announced 22 June 2004 that it will increase the price of Saflex(R) brand polyvinyl butyral (PVB) by USD 0.29 per square meter, effective 15 July 2004…

Solutia“s Laminated Glazing Interlayers business announced 22 June 2004 that it will increase the price of Saflex(R) brand polyvinyl butyral (PVB) by USD 0.29 per square meter, effective 15 July 2004, for shipment quantities that are not covered by existing agreements. Saflex PVB is used in the production of laminated glazing for automotive, architectural and specialty applications. Solutia said the price rise comes as a result of strong demand for PVB that has accelerated the need to invest in new capacity to assure reliable supply and meet the future needs of the company“s customers. At the same time, this price increase will partially offset costs associated with the continuous increase in prices of basic raw materials.

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