Solutia Announces Price Increases for Vydyne(R) and Ascend(R)
ST. LOUIS, Sept. 15 -- Effective Oct. 1, 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 will be an increase of 10 percent 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.
Forward Looking Statements
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Corporate Profile
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.
Solutia ... Solutions For A Better Life.