The surcharge will be applied globally, indexed to the price of natural gas and adjusted quarterly. DuPont cites unprecedented and sustained increases in petrochemical feedstock, energy and freight costs and a concurrent tightening of capacity as significant reasons for this surcharge.The surcharge is necessary to prevent any further deterioration in already weak reinvestment economics. Natural gas is the single commodity which best represents these costs. The surcharge mechanism, common in the North American glass industry, has been chosen to provide relief to DuPont's customers if the energy markets improve.
DuPont Glass Laminating Solutions provides materials, services and innovations for a better, safer world. The business operates within the DuPont Packaging & Industrial Polymers strategic business unit, part of DuPont's $5.3 billion Performance Materials growth platform.
DuPont is a science company. Founded in 1802, DuPont puts science to work by solving problems and creating solutions that make people's lives better, safer and easier. Operating in more than 70 countries, the company offers a wide range of products and services to markets including agriculture, nutrition, electronics, communications, safety and protection, home and construction, transportation and apparel.
The DuPont Oval, DuPont(TM), The miracles of science(TM), and Butacite(R) are registered trademarks or trademarks of DuPont or its affiliates.
DuPont Glass Laminating Solutions Announces DuPont(TM) Butacite(R) PVB Surcharge
DuPont Glass Laminating Solutions today announced a surcharge of $0.29 per square meter (0.24 Euro/m2, 32 Yen/m2) for all grades of DuPont(TM) Butacite(R) polyvinyl butyral interlayer effective July 15, 2004.