According to Solutia, this increase is to help offset high costs due to geopolitical factors impacting oil and the regional factors impacting natural gas in the United States.
Solutia announces 10 to 15 percent nylon fiber price increase
December 22, 2003
Solutia Inc. has announced a price increase on nylon carpet fiber for the residential carpet market segment. An increase of 10 to 15 percent will become effective for shipments on or after February 1, 2004 on unbranded residential nylon staple and bulk continuous filament.