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Lyon (France), June 14, 2013 --- Solvay Polyamide & Intermediates announces an 8% increase in the price of its RhodiacidTM Adipic Acid in Europe, the Middle East and Africa. This decision takes effect immediately or in compliance with contractual commitments.
The Group's determination to deliver to its markets - mainly those for polyamide 66 and polyester polyols - has led Solvay Polyamide & Intermediates to announce an 8% rise in the price of its adipic acid.
Applicable immediately in Europe, the Middle East and Africa, this price increase is due to the significant and constant increase in the cost of raw materials, in particular cyclohexane and energy.
Polyamide & Intermediates consistently seeks to control higher costs through productivity improvement programs. However, this decision is necessary given the scale of rising raw material and energy costs.
SOLVAY POLYAMIDE & INTERMEDIATES is a major global producer of polyamide 6.6 intermediates and polymers focused on being a reliable partner to customers worldwide. P&I develops and provides polyamide 66 intermediates from HMD, Adipic acid, Nylon Salt down to polymers through its 7 industrial plants, 3 research & development centers and 7 sales offices in the world.
Thanks to its fully integrated value chain, P&I is a major player on engineering plastics, textile, industrial yarns and performance fibers markets with its long lasting polymer range Stabamid® and its new intermediates product offer: Rhodiamine™ & Rhodiacid™ stretching the limits of its customers’ imagination.
As an international chemical group, SOLVAY assists industries in finding and implementing ever more responsible and value-creating solutions. The Group is firmly committed to sustainable development and focused on innovation and operational excellence. Solvay serves diversified markets, generating 90% of its turnover in activities where it is one of the top three worldwide. The group is headquartered in Brussels, employs about 29,000 people in 55 countries and generated 12.4 billion euros in net sales in 2012. Solvay SA SOLB.BE) is listed on NYSE Euronext in Brussels and Paris (Bloomberg: SOLB.BB - Reuters: SOLBt.BR).
ContactsMedia Relations
Lamia Narcisse
+ 33 1 53 56 59 62
Media Relations
Anne-Elisabeth Mourey
+33 4 26 19 70 58
The Group's determination to deliver to its markets - mainly those for polyamide 66 and polyester polyols - has led Solvay Polyamide & Intermediates to announce an 8% rise in the price of its adipic acid.
Applicable immediately in Europe, the Middle East and Africa, this price increase is due to the significant and constant increase in the cost of raw materials, in particular cyclohexane and energy.
Polyamide & Intermediates consistently seeks to control higher costs through productivity improvement programs. However, this decision is necessary given the scale of rising raw material and energy costs.
SOLVAY POLYAMIDE & INTERMEDIATES is a major global producer of polyamide 6.6 intermediates and polymers focused on being a reliable partner to customers worldwide. P&I develops and provides polyamide 66 intermediates from HMD, Adipic acid, Nylon Salt down to polymers through its 7 industrial plants, 3 research & development centers and 7 sales offices in the world.
Thanks to its fully integrated value chain, P&I is a major player on engineering plastics, textile, industrial yarns and performance fibers markets with its long lasting polymer range Stabamid® and its new intermediates product offer: Rhodiamine™ & Rhodiacid™ stretching the limits of its customers’ imagination.
As an international chemical group, SOLVAY assists industries in finding and implementing ever more responsible and value-creating solutions. The Group is firmly committed to sustainable development and focused on innovation and operational excellence. Solvay serves diversified markets, generating 90% of its turnover in activities where it is one of the top three worldwide. The group is headquartered in Brussels, employs about 29,000 people in 55 countries and generated 12.4 billion euros in net sales in 2012. Solvay SA SOLB.BE) is listed on NYSE Euronext in Brussels and Paris (Bloomberg: SOLB.BB - Reuters: SOLBt.BR).
ContactsMedia Relations
Lamia Narcisse
+ 33 1 53 56 59 62
Media Relations
Anne-Elisabeth Mourey
+33 4 26 19 70 58
