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Trinseo reduces December PS prices in Europe

December 06/2018

MOSCOW (MRC) -- Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe has announced price decrease for all polystyrene (PS) grades in December, said the producer on its site.

Effective December 1, 2018, or as existing contract terms allow, the contract and spot prices for the products listed below went down as follows:

     - STYRON general purpose polystyrene grades (GPPS) - by EUR120 per metric ton;
     - STYRON and STYRON A-Tech and STYRON X- Tech and STYRON C- Tech high impact polystyrene grades (HIPS) - by EUR120 per metric ton.

As MRC informed before, Trinseo last reduced its prices for all PS grades on 1 November 2018. Thus, November prices for the said products decreased, as stated below:

     - STYRON GPPS grades - by EUR80 per metric ton;
     - STYRON and STYRON A-Tech HIPS grades - by EUR80 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.
Author:Margaret Volkova
Tags:Europe, PS, GPPS, HIPS, Trinseo (Styron).
Category:General News
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