Solutia Announces Price Adjustment for Advanced Interlayers Product Portfolio

Officials at Solutia Inc. in St. Louis announced today that the company's Saflex polyvinyl butyral (PVB) product portfolio will be subject to a price increase effective January 1, 2012. The price increase is related to the sustained costs of high quality raw materials seen in 2011 and will allow Solutia to continue to provide the quality product, industry leading support and cutting edge technology for its customers. Prices for currently contracted business will be adjusted as individual contracts allow.

"… We are fully committed to meeting the current and future needs of our customers,” says Eric Nichols, president and general manager of Solutia's Advanced Interlayers division. “We are exploring new pricing models to lessen the exposure that raw material pricing brings to our business and our customers."

"Despite facing increases in both energy and processing materials costs, I am proud of Solutia's efforts to improve production efficiency and boost capacity without sacrificing quality or service," adds Rick Calk, vice president of commercial operations for Solutia's Advanced Interlayers division. "We continue to make significant investments to ensure long-term cost competitiveness and the stable supply of quality, high-performance interlayer products around the world and we will continue to do so in the future."