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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
decrease for all polystyrene (PS) grades in Europe, said the producer on its
site.
Effective April 1, 2020, or as existing contract terms allow, the
contract and spot prices for the products listed below went down as
follows:
-- STYRON general purpose polystyrene
grades (GPPS) -- by EUR180 per metric ton;
-- STYRON
and STYRON A-Tech and STYRON X- Tech high impact polystyrene grades (HIPS) - by
EUR180 per metric ton.
As MRC informed before,
Trinseo last reduced its prices for all PS grades on 1 March
2020, as stated below:
- STYRON GPPS grades - by
EUR100 per metric ton;
- STYRON and STYRON A-Tech
HIPS grades - by EUR100 per metric ton.
According to ICIS-MRC Price
report, in Russia, Nizhnekamskneftekhim reduced its April selling PS prices
by Rb10,000/tonne. GPPS for injection moulding and extrusion was offered
at Rb86,000-90,000/tonne CPT Moscow, including VAT, whereas HIPS - at
Rb90,000-94,000/tonne CPT Moscow, including VAT. Penoplex reduced its GPPS
prices by Rb10,000/tonne. Demand for the Kirishi plant's material remained quite
good. And Gazprom neftekhim Salavat reduced its indicative prices by
Rb8,000/tonne, and its GPPS prices for small- and medium-sized buyers have not
been settled yet.
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. |
