Solutia Recognized by Frost & Sullivan with New Product Innovation Award for Automotive Glazing Materials
ST. LOUIS, April 24, 2012 /PRNewswire/ — Solutia Inc. (NYSE: SOA) was honored today by Frost & Sullivan with the 2012 New Product Innovation Award for Automotive Glazing Material for its Saflex® S series advanced solar absorbing polyvinyl butyral (PVB) interlayers. In addition to providing traditional safety benefits of automotive laminated glazing, Saflex S series effectively absorbs solar heat transmitted through the vehicle’s glazing, which reduces air conditioning usage and improves vehicle fuel economy and CO2 emissions. Saflex S series solar absorbing interlayers are also available in an acoustic formulation, as offered in Saflex Q series interlayers for laminated glass. Frost & Sullivan determined Solutia has distinguished itself by developing an innovative, drop-in solution for automotive OEMs to utilize in meeting the growing challenge of increasing global fuel efficiency and CO2 emissions regulations.
“Saflex S series’ innovative formulation aids in the seamless operation of electronic devices while blocking more than 99 percent of UV rays and providing measurable heat reduction in the vehicle cabin, leading to a decreased need for air conditioning and, consequently, fuel requirements. These benefits translate to a unique and compelling value proposition for the automotive industry,” said Frost & Sullivan Research Analyst Shree Vidhyaa Karunanidhi.
Based on Frost & Sullivan’s independent analysis of the North America automotive glazing market, it found that non-metallic Saflex S series enables smooth functioning of electronic devices within the automobile and blocks heat, which translates to lower air conditioning requirements, better fuel efficiency and lower CO2 emissions. It also blocks more than 99 percent of the ultraviolet radiation that is responsible for skin irritation in humans and fading of a vehicle’s dashboard, steering wheel and leather seats. Saflex S series can be used for all types of vehicles. However, usage is particularly crucial in electric vehicles, as it can help increase the mile range of the vehicle, addressing a major concern of electric vehicle users. Saflex Q series solar, Solutia’s acoustic interlayer, offers a twofold benefit by blocking heat while effectively decreasing noise that enters the vehicle through the glazing.
“When Solutia launched Saflex S series and Saflex Q series solar interlayers in 2011, our goal was to provide a product that would bring value to both automotive OEMs and consumers,” said Eric Nichols, president and general manager of Solutia’s Advanced Interlayers division. “Solutia is proud to be recognized as the industry leader and continues to innovate, offering a comprehensive product portfolio for automotive glazing that offers trusted, best-in-class heat and acoustic reduction for the global automotive laminated glass industry.”
Frost & Sullivan is a global growth consulting company with more than 50 years of experience in partnering with Global 1000 companies. The Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating achievement and superior performance in areas such as industry leadership and innovation. Industry analysis compares market participants and measures performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.
Saflex S series and Saflex Q series solar products can be used in automotive glazing applications, including the windscreen, sunroof, backlite and side laminate applications. For additional product information, including product brochures, technical data, product offering and samples, please visit www.saflex.com/solaraward .
Solutia Inc. will receive recognition for this award at the 2012 Excellence in Best Practices Awards Banquet to be held on July 18 in Boston.
Notes to Editor: SOLUTIA and the Radiance Logo(TM) and all other trademarks listed below are trademarks of Solutia Inc. and/or its affiliates.
Forward Looking Statements
This press release may contain forward-looking statements, which can be identified by the use of words such as “believes,” “expects,” “may,” “will,” “intends,” “plans,” “estimates” or “anticipates,” or other comparable terminology, or by discussions of strategy, plans or intentions. These statements are based on management’s current expectations and assumptions about the industries in which Solutia operates. Forward-looking statements are not guarantees of future performance and are subject to significant risks and uncertainties that may cause actual results or achievements to be materially different from the future results or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to, those risk and uncertainties described in Solutia’s most recent Annual Report on Form 10-K, including under “Cautionary Statement About Forward Looking Statements” and “Risk Factors,” and Solutia’s quarterly reports on Form 10-Q. These reports can be accessed through the “Investors” section of Solutia’s website at www.solutia.com . Solutia disclaims any intent or obligation to update or revise any forward-looking statements in response to new information, unforeseen events, changed circumstances or any other occurrence.
Solutia is a market-leading performance materials and specialty chemicals company. The company focuses on providing solutions for a better life through a range of products, including: Saflex® polyvinyl butyral interlayers for glass lamination and for photovoltaic module encapsulation and VISTASOLAR® ethylene vinyl acetate films for photovoltaic module encapsulation; LLumar®, Vista(TM), EnerLogic®, FormulaOne®, Gila®, V-KOOL®, Huper Optik®, IQue(TM), Sun-X(TM) and Nanolux(TM) aftermarket performance films for automotive and architectural applications; XIR® and Heat Mirror® performance films that are incorporated into aftermarket window films, laminated glass products and suspended insulated glass units for use in automotive and architectural applications. Flexvue(TM) advanced film component solutions for solar and electronic technologies; and technical specialties products including Crystex® insoluble sulfur, Santoflex® PPD antidegradants, Therminol® heat transfer fluids and Skydrol® aviation hydraulic fluids. Solutia’s businesses are world leaders in each of their market segments. With its headquarters in St. Louis, Missouri, USA, the company operates globally with approximately 3,400 employees in more than 50 worldwide locations. More information is available at www.Solutia.com .
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SOURCE Solutia Inc.