Home / Knowledge / News / Textiles / Solutia Plastic raises prices including AstroTurf brand
Solutia Plastic raises prices including AstroTurf brand
14
Aug '08
In response to dramatically increasing raw material costs, the Plastic Products Unit of Solutia Inc. began raising prices during July.

The price increases are going into effect immediately and where necessary, according to contract terms in place with customers.

Polyethylene is a major raw material component for the Plastic Products unit. Higher petrochemical prices over the past several years and short supply during the summer months have forced the costs of polyethylene to rise significantly, prompting the action.

According to Carey Widder, plastic products business director, "While we have mitigated some of these cost increases through internal measures, we must implement price increases to pass along these rising costs and return the business to margins that justify our continuing reinvestment. Unfortunately, this means some customers will see price changes above 20%."

The Plastics Products business develops and markets a range of products under brand names such as AstroTurf and Clean Machine and utilizes a core proprietary technology called continuous injection molding.

The products are marketed in a wide range of industries including retail consumer products, automotive, agriculture and construction.

AstroTurf is a registered trademark of Textile Management Associates Inc licensed to Solutia Inc. Clean Machine is a registered trademark of Solutia Inc.

Solutia Inc

Must ReadView All

Courtesy: Ikea

Textiles | On 26th Apr 2017

Ikea’s product sourcing from India to double by 2020

Ikea, the global home furnishing giant from Sweden, plans to double...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Interviews View All

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search