Solutia Implements Price Increase for Saflex®

Solutia Inc. announced on October 11 that 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. Thus, the company will implement a 29 cent per square meter price increase for its Saflex products.

"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 on year. The announced price increase allows Solutia to reinvest in capacity to meet these new volume challenges.

"Raw material costs have dramatically increased. Adding new capacity and keeping up with raw material price increases will continue to be challenges into the foreseeable future," he added. "Solutia is very encouraged by the positive response that we have had so far in completing new contracts reflecting the announced increase in price. This illustrates that our customers are sensitive to market and industry needs."