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2008-07-02

DuPont Glass Laminating Solutions Announces Price Increase

DuPont Glass Laminating Solutions (www.dupont.com) recently announced a price increase of up to 30 percent on all grades of DuPontTM Butacite® polyvinyl butyral interlayer product line effective August 1. The price increase will be applied globally, while specifics will vary by region.

DuPont Glass Laminating Solutions said that this action is required due to the rapid and unprecedented increases in petrochemical feedstock, energy, freight and distribution costs. “Previous price raises were intended to compensate for increases in these costs; however, they have continued to dramatically increase. The need for immediate structural improvement is unprecedented and necessary to offset margin loss from the higher costs as well as to support continued investment in growing PVB market applications such as photovoltaics,” said Stephen L. Cox, director, Glass Laminating Solutions and Vinyls -- DuPont Packaging & Industrial Polymers.

DuPont de Nemours (Deutschland) GmbH, Bad Homburg v.d.H., Germany

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