MOSCOW (MRC) -- Trinseo, a global materials company and manufacturer of plastics, latex and rubber, and its affiliate companies in Europe has announced a price increase for natural polycarbonate (PC), reported the company on its site.
Effective immediately, or as existing contract terms allow, the June contract and spot prices for the product listed below will increase as follows:
- CALIBRE polycarbonate resins - by EUR430 per metric ton;
This price increase is in response to escalating costs of key raw materials used in the production of polycarbonate and aims to restore balance to Polycarbonate supply and demand globally.
"Margins in the PC industry have been excessively low in the last three years which has triggered limited reinvestment, leading to an opportunity now for margin expansion in order to restore acceptable profitability levels," said Nicolas Joly, Global Business Director, Polycarbonate at Trinseo.
As MRC informed previously, Trinseo last raised its prices of natural PC from 3 March, 2015, as follows:
- CALIBRE polycarbonate resins - by EUR350/tonne.
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 is completing its renaming process in 1Q 2015.
MRC