Solutia Inc. announced a global price increase of up to 25 percent for its full line of Therminol heat transfer fluids. This increase will vary by product, packaging, world area and currency of sale, and applies to orders shipped on or after August 7, 2008, for all non-contract customers and where contracts allow.
"Solutia remains committed to offering the highest performing heat transfer fluids, supported by unparalleled technical and customer service, that offer the best total value to our customers," said Dale Kline, global commercial director, Specialty Fluids, Solutia Inc."Although we have successfully implemented several cost-containment measures this year, we have been unable to offset sustained high prices for energy and critical raw materials. Therefore, we are asking our customers to share in these costs."
For more information on Therminol, call (800) 426-2463.