(styron) -- Styron Europe GmbH and its affiliate companies in Europe announced price increases for all polystyrene and copolymers grades. Effective immediately, or as existing contract terms allow, the prices for the products listed below will increase as follows: general purpose polystyrene grades (GPPS) by 140 Euro/tonne, high impact polystyrene grades (HIPS) by 150 Eur/tonne, ABS resins by 160 Eur/tonne, SAN resin by 125 Eur/tonne.
The price increase responds to the accelerating costs associated with the manufacturing of polystyrene and copolymers grades in Europe.
Styron is a leading global materials company, dedicated to innovate and deliver for its customers. Styron's unique and balanced product portfolio brings together plastics, rubber and latex businesses that share feedstocks, operations, customers and end users.
The company benefits from global scale, a long-standing tradition of unrivaled customer relationships and a robust innovation pipeline. Styron has approximately USD 5 billion in revenue, with 20 manufacturing sites in all geographies.
Styron's 2100 employees are committed to listen to customers' needs and provide them with innovative and sustainable solutions in markets such as appliances, automotive, building and construction, carpet, commercial transportation, consumer electronics, consumer goods, electrical and lighting, medical, packaging, paper and paperboard, rubber goods and tires.