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Ineos and Songwon announced price hikes

February 02/2011

(Plastics Today) -- Ineos Nova (Fribourg, Switzerland) said its prices for general purpose polystyrene (GPPS) in Europe went up his month by a minimum of ?110 per ton. The premium of high impact polystyrene (HIPS) to GPPS increased to ?100/tonne to reflect increased costs of poly-butadiene rubber (PBR).  

Plastics additives supplier Songwon (Ulsan, Korea) announces global price increases for its Songnox antioxidants, Songlight and Songsorb UV stabilizers, Songstab acid scavengers as well as its range of aminic antioxidants. The increases are for between 8 -15% effective on orders received on or after March 1, 2011, or as contracts allow.

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