Solutia Raises Prices on PVB Products' Cites Increased Demand

摘要

St. Louis-based Solutia Inc. is raising its prices 29 cents per square meter for its full range of Saflex and PVB products. A Solutia news release said the continued growth in demand for polyvinyl butyral (PVB) interlayer has accelerated the need to invest in new capacity in order to meet its customers' future needs and assure supply reliability. At the same time as the need for investment in new capacity, the prices of key raw materials used in the production of PVB products have continued to rise and supplies of those same materials have become tight. "Solutia remains strongly committed to the announced price increase as a means of maintaining the most reliable service and certainty of supply for our customers," said Mitch Pulwer, general manager, Solutia laminated glazing interlayers. "Customers' demand for PVB products has dramatically increased year after year. The announced price increase allows Solutia to reinvest in capacity."