ST. LOUIS, Nov. 24 /PRNewswire-FirstCall/ -- Effective December 1, 2004, or as soon as contracts allow, Solutia Inc. (BULLETIN BOARD: SOLUQ) will increase the price of Adipic Acid $0.05/lb. The increase will be applied to off-list prices of adipic acid. "The price increase is being driven by the demand of adipic acid in both the merchant and captive markets, as well as continued high raw material costs," stated Mike Berezo, director, Solutia Nylon Intermediates and Business management.
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.
Solutia .... Solutions For A Better Life.
CONTACT: Mike Berezo, +1-314-674-9265, or Sheila Nichols,+1-850-968-8761, both for Solutia Inc.