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Trinseo raises December PS an ABS prices in Europe

December 03/2020

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) an acrylonitrile-butadiene-styrene (ABS) in Europe, according to the company's press release as of 2 December.

Effective December 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 EUR250 per metric ton;
     - STYRON and STYRON A-Tech and STYRON X- Tech and STYRON C- Tech high impact polystyrene grades (HIPS) - by EUR250 per metric ton;
     - MAGNUM ABS resins - by EUR305 per metric ton.

As MRC informed before, Trinseo last raised its prices for all PS, ABS and and acrylonitrile-styrene copolymer (SAN) grades on 1 November 2020, as stated below:

     - STYRON GPPS -- by EUR110 per metric ton;
     - STYRON and STYRON A-Tech and STYRON X- Tech and STYRON C- Tech HIPS - by EUR110 per metric ton;
     - MAGNUM ABS resins - by EUR110 per metric ton;
     - TYRIL SAN resins - by EUR80 per metric ton.

According to ICIS-MRC Price report, Russian producers are expected to settle December selling PS prices this week. Buyers anticipate an increase of about Rb8,000-10,000/tonne in December prices of Russian PS on the back of higher feedstock prices.

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