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 polycarbonate (PC) grades in Europe, as per the company's press release as of 5 January.
Effective January 1, 2020, or as existing contract terms allow, the contract and spot prices for the products listed below increased as follows:
- CALIBRE PC resins - by EUR300 per metric ton.
As MRC informed earlier, Trinseo last raised its prices for all PC grades in Europe on 1 December 2020 by EUR250 per metric ton.
According to MRC's ScanPlast report, Russia's estimated consumption of PC granules (excluding imports and exports to\\from Belarus) rose in January-November 2020 by 18% year on year to 83,600 tonnes (70,600 tonnes a year earlier). Consumption decreased by 21% in the injection moulding PC segment to 8,700 tonnes from 10,900 tonnes a year earlier.
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.
MRC