London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950
info@mrcplast.com

Our Clients

Order Informer

 
Home > News >
 

Trinseo raises June prices for vinyl pyridine latex products sold in EMEA

May 31/2021

MOSCOW (MRC) -- Trinseo, a global materials company and manufacturer of plastics, latex, and rubber, has announced that effective June 1, 2021, the company is increasing the prices of all vinyl pyridine latex sold into the tire cord market in Europe, Middle East, and Africa (EMEA), as per the company's press release.

The increase will be will be EUR500/wet mt as contractual agreements allow.

According to the statement, the present increase is necessary to offset rising raw material costs.

As MRC reported earlier, Trinseo and its affiliate companies in Europe have announced a price increase for all polystyrene (PS), acrylonitrile-butadiene-styrene (ABS) and acrylonitrile-styrene copolymer (SAN) in Europe. Effective May 1, 2021, or as existing contract terms allow, the contract and spot prices for the products listed below rose as follows:

     - STYRON general purpose polystyrene grades (GPPS) -- by EUR105 per metric ton;
     - STYRON and STYRON A-Tech and STYRON X- Tech and STYRON C- Tech high impact polystyrene grades (HIPS) - by EUR105 per metric ton;
     - MAGNUM ABS resins - by EUR160 per metric ton;
     - TYRIL SAN resins - by EUR170 per metric ton.

According to ICIS-MRC Price report, in Russia, Nizhnekamskneftekhim's PS prices remained unchanged in May. Prices of Nizhnekamskneftekhim's GPPS were in the range of Rb 192,000-203,000/tonne, CPT Moscow, including VAT, whereas HIPS prices were at Rb196,000-207,000/tonne CPT Moscow, including VAT. At the same time, May prices of Penoplex's material fell by Rb15,000/tonne to Rb204,000-206,000/tonne CPT Moscow, including VAT. And prices of Gazprom neftekhim Salavat's GPPS were not adjusted in early May.

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 completed its renaming process in 1Q 2015. Trinseo had approximately USD3.0 billion in net sales in 2020, with 17 manufacturing sites around the world, and approximately 2,600 employees.


mrcplast.com
Author:Margaret Volkova
Tags:Africa, PS, GPPS, styrene, HIPS, nonwovens, tyres, Penoplex-Kirishy, Trinseo (Styron), Nizhnekamskneftekhim, Russia.
Category:General News
|
| More

Leave a comment

MRC help

 


 All News   News subscribe