Auburn Hills, Michigan--Solvay Engineered Polymers Inc. will raise prices Oct. 1 for its thermoplastic polyolefin and vulcanised thermoplastic elastomer products 10 per pound.
President Fred Young said the company has absorbed raw material cost increases the past two years. He had anticipated some relief but that is not forthcoming as polypropylene and elastomer suppliers continue to raise prices and the cost of gasoline and natural gas continues to escalate.
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