Solutia to Increase PVB Prices 6 to 10 Percent
October 5, 2010
Solutia Inc. announced yesterday that it will be increasing the
price of its Saflex® polyvinyl butyral (PVB) products, effective
December 15, 2010. Company officials say the price increase "will
support investments in the business and ... allow [it] to continue
to provide industry-leading support for its customers." The
price increase will range from 6 to 10 percent among the company's
Saflex PVB products. Prices for currently contracted business will
be adjusted as individual contracts come due, according to the company.
"As a leading supplier of PVB interlayer and [ethylene vinyl
acetate] for solar applications, we are fully committed to meeting
the current and future needs of our customers," says Rick Calk,
vice president of commercial operations for Solutia's Advanced Interlayers
division. "We have recently made several significant investments
in this business to ensure stable supply of quality, high-performance
products around the world and we will continue to do so in the future."
Dirk Duquet, vice president of operations for the St. Louis-based
company, says the price increase is "minimal" despite
increased production costs.
"Despite facing increases in both energy and processing materials
costs, I am proud of Solutia's efforts to improve production efficiency
and boost capacity," says Duquet. "These investments have
partially offset increased production costs and have allowed us
to keep this price increase to a minimum."
In mid-2007 many sources had
advised glassBYTEs.com there was a shortage in the raw
materials needed to make PVB. While Solutia officials say they've
not seen a shortage, Eric Nichols, vice president of business management,
advised glassBYTEs.com/AGRR magazine during an interview
this afternoon that while there might not be a shortage, demand
"We're not seeing a shortage, but clearly the underlying commodities
that drive our raw materials are getting back to the levels they
were in 2008," he said. "Those prices went down in '09
when the economic crisis happened and then people projected they
would come back slowly over time and they've come back a lot more
quickly than expected."
Nichols said PVB customers shouldn't experience any immediate changes.
Solutia manufactures PVB interlayers at facilities in Ghent, Belgium;
Santo Toribio, Mexico; San Jose Dos Campos, Brazil; Springfield,
Mass.; and Suzhou, China. It also operates a PVB finishing center
in Singapore, and a distribution center and regional customer service
center in Shanghai.
Need more info and analysis about the issues?
HERE to subscribe to AGRR magazine.