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Trinseo reduced November PS prices in Europe

November 08/2018

MOSCOW (MRC) -- Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe have announced price decrease for all polystyrene (PS) grades in Europe, as per the company's press release.

Effective November 1, 2018, or as existing contract terms allow, the contract and spot prices for the products listed below were reduced as follows:

     - STYRON general purpose polystyrene grades (GPPS) - by EUR80 per metric ton;
     - STYRON and STYRON A-Tech high impact polystyrene grades (HIPS) - by EUR80 per metric ton.

As MRC informed before, Trinseo last adjusted its prices for all PS, acrylonitrile-butadiene-styrene (ABS) and acrylonitrile styrene copolymer (SAN) grades on 1 September 2018. Thus, September prices for the said products rose, as stated below:

     - STYRON GPPS grades - by EUR85 per metric ton;
     - STYRON and STYRON A-Tech HIPS grades - by EUR85 per metric ton;
     - MAGNUM ABS resins - by EUR60 per metric ton;
     - TYRIL SAN resins - by EUR60 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 USD4.4 billion in net sales in 2017, with 16 manufacturing sites around the world, and approximately 2,200 employees.


mrcplast.com
Author:Margaret Volkova
Tags:Europe, PS, ABS, GPPS, SAN, HIPS, Trinseo (Styron).
Category:General News
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