Solvay Technology Solutions implements price adjustment for some of its polymer additive products
Saddle Brook, NJ - January 29, 2018 – Solvay’s global business unit Technology Solutions announced today the implementation of a global price adjustment of 5 to 15 percent on certain CYASORB® UV light stabilizers, CYASORB CYNERGY SOLUTIONS® UV light stabilizers, CYASORB® CYXTRA ™ UV light stabilizers, and CYANOX® antioxidant products. Effective February 1, 2018, the move is being made to address sustained pressures from global supplies, logistics and packaging costs. For more details, contact your local Solvay Technology Solutions sales or customer service representative.Solvay is a multi-specialty chemical company, committed to developing chemistry that addresses key societal challenges. Solvay innovates and partners with customers in diverse global end markets. Its products and solutions are used in planes, cars, smart and medical devices, batteries, in mineral and oil extraction, among many other applications promoting sustainability. Its lightweighting materials enhance cleaner mobility, its formulations optimize the use of resources and its performance chemicals improve air and water quality. Solvay is headquartered in Brussels with around 27,000 employees in 58 countries. Net sales were € 10.9 billion in 2016, with 90% from activities where Solvay ranks among the world’s top 3 leaders. Solvay SA (SOLB.BE) is listed on Euronext Brussels and Paris (Bloomberg: SOLB.BB - Reuters: SOLB.BR) and in the United States its shares (SOLVY) are traded through a level-1 ADR program.