Solutia Announces Price Increases For Vydyne(R) And Ascend(R)
ST. LOUIS, April 15 -- Effective May 1, 20055, 2005, Solutia Inc. (BULLETIN BOARD: SOLUQ) will implement a price increase across all grades of its Ascend(R) nylon polymers and Vydyne(R) nylon molding resins worldwide. This price increase will be $0.10 per pound in North America; $220 per metric ton in Asia; and 20 euro cents per kilogram in Europe. Sustained increases in raw material, transportation and energy costs have made this price increase necessary.
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Solutia ( http://www.solutia.com/ ) uses world-class skills in applied chemistry to create value-added solutions for customers, whose products improve the lives of consumers every day. Solutia is a world leader in performance films for laminated safety glass and after-market applications; process development and scale-up services for pharmaceutical fine chemicals; specialties such as water treatment chemicals, heat transfer fluids and aviation hydraulic fluid and an integrated family of nylon products including high-performance polymers and fibers like Vydyne(R) Nylon 6,6 and Ascend(R) Nylon 6,6 Fiber Polymer.
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