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

August 07/2020

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 af of 6 August.

Effective August 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 EUR30 per metric ton;
     - STYRON and STYRON A-Tech and STYRON X- Tech and STYRON C- Tech high impact polystyrene grades (HIPS) - by EUR30 per metric ton;
     - MAGNUM ABS resins - by EUR50 per metric ton;
     - TYRIL SAN resins - by EUR40 per metric ton.

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

     - STYRON GPPS -- by EUR95 per metric ton;
     - STYRON and STYRON A-Tech and STYRON X- Tech and STYRON C- Tech HIPS - by EUR95 per metric ton;
     - MAGNUM ABS resins - by EUR100 per metric ton;
     - TYRIL SAN resins - by EUR85 per metric ton.

According to ICIS-MRC Price report, prices of Russian PS will rise by an average of roubles (Rb) 5,000/tonne in August. Some of the largest market participants confirmed that Nizhnekamskneftekhim's selling prices would go up by this amount this month.

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.


mrcplast.com
Author:Margaret Volkova
Tags:Europe, PS, ABS, GPPS, SAN, copolymer, styrene, HIPS, Trinseo (Styron), Russia.
Category:General News
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