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Trinseo raises June PS, ABS, and SAN prices in Europe

June 08/2020

MOSCOW (MRC) -- Trinseo, a global materials company and manufacturer of plastics, latex binders, and synthetic rubber, and its affiliate companies in Europe, have announced a price increase for all polystyrene (PS), acrylonitrile-butadiene-styrene (ABS) and acrylonitrile-styrene copolymer (SAN) in Europe, according to the company's press release.

Effective June 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 EUR85 per metric ton;
     - STYRON and STYRON A-Tech and STYRON X- Tech and STYRON C- Tech high impact polystyrene grades (HIPS) - by EUR85 per metric ton;
     - MAGNUM ABS resins - by EUR70 per metric ton;
     - TYRIL SAN resins - by EUR80 per metric ton.

As MRC informed before, Trinseo raised its prices for all PS grades on 1 May 2020, as stated below:

     - STYRON GPPS grades - by EUR10 per metric ton;
     - STYRON and STYRON A-Tech HIPS grades - by EUR10 per metric ton.  

According to ICIS-MRC Price report, the situation in the Russian polystyrene (PS) market remained the same last week. Some regional suppliers and HIPS and GPPS converters estimate the current decrease in material consumption at 25-30%. Market prices of Nizhnekamskneftekhim's GPPS were still in the range of Rb71,000-74,000/tonne, whereas HIPS prices were at Rb75,000-78,000/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 USD3.8 billion in net sales in 2019, with 17 manufacturing sites around the world, and approximately 2,700 employees.
Author:Margaret Volkova
Tags:Europe, PS, ABS, GPPS, SAN, HIPS, Nizhnekamskneftekhim, Trinseo (Styron), Rossiya.
Category:General News
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