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

Apparel/Garments | On 26th Sep 2017

US raises annual AGOA quota for textiles

The US Committee for the Implementation of Textile Agreements has...

Textiles | On 26th Sep 2017

Thrace-LINQ expanding Dorchester County operations

Thrace-LINQ, a global supplier of fabrics for the textile industry,...

Courtesy: Levis

Fashion | On 26th Sep 2017

Google unveils smart denim jacket with Levi Strauss

Ending the months-long wait, Google has unveiled its smart denim...

Interviews View All

Top executives
Textile industry, India

The event should be organised every year

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
75.5%
No
12.2%
Skip
12.2%

Total Votes: 49

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.3%
No
24.5%
Skip
12.2%

Total Votes: 49

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.8%
No
6.1%
Skip
6.1%

Total Votes: 49

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
71.4%
No
10.2%
Skip
18.4%

Total Votes: 49


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