(styrolution) -- Styrolution on 10th, February announced
that effective February 1, 2012, it has increased the sales price in Europe for
Styrolux (SBC) by EUR200 /mt. All existing contractual obligations will be
honored.
After a time of prolonged price stability, this
increase has become necessary due to rapidly increasing raw material costs.
Since December 2011, raw materials costs have already risen by EUR250/mt and it
is expected that this trend will continue.
Styrolux is the
trade name for Styrolution’s thermoplastic material, consisting of
styrene-butadiene block copolymers (SBC). This price increase affects all
Styrolux brands. Styrolux is widely used in rigid and flexible packaging but
also in injection molded applications for cosmetics, medical, and other
segments.
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