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Trinseo reduces June PS and SAN prices in Europe

June 04/2021

MOSCOW (MRC) -- Trinseo, a global materials company and manufacturer of plastics, latex binders, and synthetic rubber, and its affiliate companies in Europe, have announced a price decrease for all polystyrene (PS) and acrylonitrile-styrene copolymer (SAN) in Europe, according to the company's press release as of June 2.

Effective June 1, 2021, or as existing contract terms allow, the contract and spot prices for the products listed below went down as follows:

     - STYRON general purpose polystyrene grades (GPPS) -- by EUR290 per metric ton;
     - STYRON and STYRON A-Tech and STYRON X- Tech and STYRON C- Tech high impact polystyrene grades (HIPS) - by EUR290 per metric ton;
     - TYRIL SAN resins - by EUR170 per metric ton.

As MRC informed before, Trinseo raised its prices for all PS, acrylonitrile-butadiene-styrene (ABS) and SAN grades on May 1, 2021, as stated below:

     - STYRON GPPS -- by EUR105 per metric ton;
     - STYRON and STYRON A-Tech and STYRON X- Tech and STYRON C- Tech 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, Russian plants reduced their PS prices this month under the pressure from foreign markets and lower feedstock prices. Nizhnekamskneftekhim reduced its June prices of polymer by a larger amount than other plants.

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:Europe, PS, ABS, GPPS, SAN, HIPS, Trinseo (Styron), Nizhnekamskneftekhim, Russia.
Category:General News
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