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Trinseo raises September PS prices in Europe

September 05/2019

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 increase for all polystyrene (PS) grades in Europe, as per the company's press release.

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

     - STYRON general purpose polystyrene grades (GPPS) - by EUR100 per metric ton;
     - STYRON and STYRON A-Tech high impact polystyrene grades (HIPS) - by EUR100 per metric ton.

As MRC informed before, Trinseo last raised its prices for all PS grades on 1 Jue 2018, as stated below:

     - STYRON GPPS grades - by EUR50 per metric ton;
     - STYRON and STYRON A-Tech HIPS grades - by EUR50 per metric ton.

According to ICIS-MRC Price report, market participants said Nizhnekamskneftekhim would raise its selling HIPS and GPPS prices by Rb2,000/tonne in September.

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, Nizhnekamskneftekhim, Trinseo (Styron), Russia.
Category:General News
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