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Trinseo reduced June PS prices in Europe

June 06/2019

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

Effective June 1, 2019, or as existing contract terms allow, the contract and spot prices for the products listed below dropped, as follows:

    - STYRON general purpose polystyrene grades (GPPS) - by EUR105 per metric ton;
    - STYRON and STYRON A-Tech and STYRON X- Tech and STYRON C- Tech high impact polystyrene grades (HIPS) -by EUR105 per metric ton.

As MRC informed before, Trinseo raised its prices for all PS grades on 1 May,l 2019. Thus, May prices for the said products grew, as stated below:

     - STYRON GPPS grades - by EUR50 per metric ton;
     - STYRON and STYRON A-Tech HIPS grades - by EUR50 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 USD4.6 billion in net sales in 2018, with 16 manufacturing sites around the world, and approximately 2,500 employees.


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