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Sabic infromed customers of price hike for engineering thermoplastics

February 23/2010

February 23 (plasteurope) -- Sabic Innovative Plastics has sent out letters to its European customers informing them that it will raise the prices of several engineering thermoplastics. Specifically, the hike of EUR 220/t, which comes into effect on 15 March 2010, involves all polycarbonate resins, the Lexan copolymer grade, the Cycoloy blend (PC/ABS) and the Cycolac (ABS) styrene range. The group also is planning to raise the price of its Ultem range.

As part of the same announcement, Sabic also communicated price increases of EUR 150/t for its Noryl (PPE/PS), Valox (PBT) and LNP resins and compounds.

Sabic: Customers informed of price hike for engineering thermoplastics

MRC Reference

Sabic. The share in the Russian market in 2008:
 PE 0.2%;
 PP - 0.4%;
 PS 0.2%.


Annual sales growth in Russia over the last 5 years:
 PE - 33%;
 PP 62%.

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