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LyondellBasell to increase PP prices, effective August 1

July 30/2009
July 28 (LyondellBasell) --  Effective August 1, LyondellBasell Industries will increase prices by ?70 per tonne on its polypropylene grades sold in Europe.

“Escalating feedstock costs have necessitated this increase,” said Yves Bonte, Senior Vice President of LyondellBasell’s Polypropylene Business.

LyondellBasell Industries is one of the world’s largest polymers, petrochemicals and fuels companies. We are the global leader in polyolefins technology, production and marketing; a pioneer in propylene oxide and derivatives; and a significant producer of fuels and refined products, including biofuels.

Through research and development, LyondellBasell  develops innovative materials and technologies that deliver exceptional customer value and products that improve quality of life for people around the world.
 

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         MRC`s info

LyondellBasell.  The share in the Russian market in 2008:
PE  - 1.4% (including HDPE - 2.5%, LDPE – 0.3%);
PP – 4.1% (including block-copolymers - 9.5%).

Annual sales growth in Russia, during the recent 5 years:
PE - 27%;
PP – 88%.

The leader in the following polymers processing technologies:
pipe extrusion;film extrusion; injection molding.







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