LYON, France, January 23, 2017 - Solvay, a world leader in polyamide-based performance materials, announces global price increases for its polyamide Technyl® compounds and Stabamid® resins as well as upstream intermediates brands Rhodiacid™(Adipic Acid) and Rhodiamine™ (HDMA).

The steep rise of raw materials costs is affecting the entire polyamide (nylon) value chain. As a direct consequence, Solvay is increasing its pricing levels by €300/tonne - or the equivalent in other currencies - for all product lines worldwide.

'Despite considerable efforts to leverage best-practice operational excellence to offset cost pressures since mid-2016, we are now compelled to increase price levels globally to remain a reliable and long-term partner for our customers,' explains Vincent Kamel, President of Solvay Performance Polyamides.

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Solvay SA published this content on 23 January 2017 and is solely responsible for the information contained herein.
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