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Trinseo announced price increase for polystyrene in Europe

August 12/2019

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

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

"Styron" general purpose polystyrene grades (GPPS) by 50 Euro per metric ton
"Styron" and "Styron A-Tech" and "Styron X- Tech" high impact polystyrene grades (HIPS) by 50 Euro per metric ton

As MRC informed earlier, Trinseo has received regulatory approval for its planned acquisition of Dow Chemicals latex production assets in Rheinmunster, Germany. The acquisition, announced in May, was an important initiative in improving Trinseos strategic position amid a difficult global macro environment.

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:Anna Larionova
Tags:PS, EPS, GPPS, HIPS, Trinseo (Styron).
Category:General News
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