MOSCOW (MRC) -- Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, has confirmed the successful start-up of its new Magnum acrylonitrile butadiene styrene (ABS) production line at its manufacturing facility in Zhangjiagang, China, reported GV.
The new ABS unit is based on mass polymerization technology, which delivers greater product stability and advanced properties. Trinseo will begin selling ABS from the plant during this quarter.
"Production of Magnum ABS in China is an important milestone for Trinseo and the Asia Pacific market," noted Tim Stedman, senior vice president and business president of Basic Plastics & Feedstocks. "We are delivering on our promise at Trinseo of providing our customers with a differentiated ABS product compared to other competitive resins produced in China today."
As MRC informed before, Trinseo and its affiliate companies in Europe have raised prices for all polystyrene (PS), polycarbonate (PC), acrylonitrile-butadiene-styrene (ABS) and acrylonitrile-styrene copolymer (SAN) grades. Effective December 1, 2017, or as existing contract terms allow, the contract and spot prices for the products listed below increased as follows:
- STYRON general purpose polystyrene grades (GPPS) - by EUR95 per metric ton;
- STYRON and STYRON A-TECH high impact polystyrene grades (HIPS) - by EUR95 per metric ton;
- CALIBRE Polycarbonate Resins - by EUR200 per metric ton;
- MAGNUM ABS resins - by EUR60 per metric ton;
- TYRIL SAN resins - by EUR85 per metric ton.
Trinseo is a global materials company and manufacturer of plastics, latex and rubber. Trinseo's technology is used by customers in industries such as home appliances, automotive, building & construction, carpet, consumer electronics, consumer goods, electrical & lighting, medical, packaging, paper & paperboard, rubber goods and tires. Formerly known as Styron, Trinseo completed its renaming process in 1Q 2015. Trinseo had approximately USD3.7 billion in net sales in 2016, with 15 manufacturing sites around the world, and nearly 2,200 employees.
MRC