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Trinseo new TPE pilot facility in Taiwan to become operational in 2020

February 06/2020

MOSCOW (MRC) -- Trinseo, a global material solutions provider and manufacturer of plastics, latex binders, and synthetic rubber, plans to build a Thermoplastic Elastomers (TPE) pilot facility at the company's existing manufacturing site in Hsinchu, Taiwan, which will begin operations in 2020, as per the company's press release.

The investment in a state-of-the art TPE pilot facility in Asia Pacific is the next step of Trinseos TPE growth roadmap following the acquisition of Italian-based API S.p.A, in July 2017. Once the new pilot line in Hsinchu is operational, Trinseo will locally produce its custom engineered TPE and thermoplastic urethanes (TPU), including its leading bioplastics portfolio.

"The pilot facility demonstrates our commitment to offer a differentiated, globally available TPE portfolio to our customers in the automotive, consumer electronics, footwear and medical markets," said Tim Stedman, Senior Vice President, Strategy and Corporate Development at Trinseo. "This investment in growth in the Asia Pacific region will further strengthen our ability to create growth synergies with customers between our rigid and soft-touch polymers."

As MRC informed before, Trinseo have announced a price increase for all polystyrene (PS) grades, acrylonitrile-butadiene-styrene (ABS) and acrylonitrile styrene copolymer (SAN) grades in Europe. Effective February 1, 2020, or as existing contract terms allow, the contract and spot prices for the products listed below rose as follows:

    -- STYRON general purpose polystyrene grades (GPPS) -- by EUR100 per metric ton;
    -- STYRON and STYRON A-Tech and STYRON X- Tech high impact polystyrene grades (HIPS) - by EUR100 per metric ton;
     - MAGNUM ABS resins - by EUR55 per metric ton;
     - TYRIL SAN resins - by EUR55 per metric ton.

According to ICIS-MRC Price report, significant changes are not expected in the Russian PS market this month. Nizhnekamskneftekhim rolled over January prices of material for shipments in February. Penoplex also maintained its GPPS prices the same, whereas Gazprom neftekhim Salavat will finally set February prices this week, but no major changes are expected.

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.
Author:Margaret Volkova
Tags:Europe, PS, ABS, GPPS, SAN, HIPS, elastotermoplast, car components, medicine, footwear, electrical goods, Trinseo (Styron), Russia, Tayvan (Kitay).
Category:General News
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