MOSCOW (MRC) -- Trinseo, a global materials company and manufacturer of plastics, latex and rubber, has announced that effective September 16, 2019, the company is increasing the prices of all Styrene Butadiene and Styrene Acrylate products sold into the carpet, paper, and paperboard markets in North America, as per the company's press release.
The increase will be USD0.06/dry lb. for all indexed and non-indexed customers, as contracts allow.
This increase is necessary due to changes in market conditions and to offset rising costs to manufacture and transport our products, and to remain a strong and reliable supplier.
As MRC informed before, Trinseo last raised its prices for all PS, ABS and SAN grades on 1 Jue 2018, as stated below:
- STYRON general purpose polystyrene grades (GPPS) - by EUR50 per metric ton;
- STYRON and STYRON A-Tech high impact polystyrene grades (HIPS) - by EUR50 per metric ton;
- MAGNUM ABS resins - by EUR35 per metric ton;
- TYRIL SAN resins - by EUR35 per metric ton.
According to ICIS-MRC Price report, in the Russian market, the general price range of the Nizhnekamskneftekhim's material did not change. Major traders offered Nizhnekamskneftekhim's injection moulding and extrusion grade GPPS at roubles (Rb) 90,000-91,000/tonne and HIPS - at 94,000-95,000/tonne CPT Moscow, including VAT.
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.
MRC