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Ineos Nova raised prices for PS

March 09/2010

March 9 (plasteurope) -- The wave of price increases for polystyrene continues, following the settlement of the styrene monomer contract for March EUR 42/t higher. In the latest announcement, Ineos Nova said that, effective immediately, it will increase its prices for general purpose polystyrene (GPPS) by EUR 60/t, and the high-impact (HIPS) grades will see a EUR 70/t hike.


The Swiss producer, which cited the need to restore margins back to a sustainable level, last increased prices for PS in January.

Ineos Nova raised prices for PS

Ineos is a petrochemical group.
In Russia  Ineoss interests are represented by  Ineos Polyolefins and  IneosChlorVinyls.


The share in the Russian market in 2008:
 PVC - 4.5%;

 polyethylene - 1.9%
 (HDPE - 2.8%, LDPE 1.2%);
 polypropylene - 1.4%
(PP-random 22.1%, PP-impact - 2.0%);
 polystyrene 0.9%.


Imports by polymers processing technologies:
 profile extrusion;
 pipe extrusion;
 film extrusion;  
 injection molding.

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