MOSCOW (MRC) -- Styron Europe GmbH and its affiliate companies in Europe have announced price increases for all polystyrene (PS), copolymer and expandable polystyrene (EPS) grades, according to the company's press release.
Effective immediately, or as existing contract terms allow, the September contract and spot prices for the products listed below will increase as follows:
- STYRON general purpose polystyrene grades (GPPS), STYRON and STYRON A-TECH high impact polystyrene grades (HIPS) by EUR110/tonne;
- MAGNUM ABS resins and TYRIL SAN resins by EUR90/tonne;
- SCONAPOR expandable polystyrene (EPS) by EUR110/tonne.
As MRC reported earlier, Styron (Hong Kong) Limited and its affiliate companies in Asia Pacific announce price increases for all polystyrene grades on 1 August, 2013 as follows:
- STYRON general purpose polystyrene grades (GPPS) by USD40 per tonne;
- STYRON and STYRON A-TECH high-impact polystyrene grades (HIPS) by USD30 per tonne.
Styron is a leading global materials company and manufacturer of plastics, latex and rubber, dedicated to collaborating with customers to deliver innovative and sustainable solutions. Styron’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. Styron had approximately USD 5.5 billion in revenue in 2012, with 20 manufacturing sites around the world, and 2100 employees.
MRC