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Trinseo raises July MMA prices in Europe

June 23/2021

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 increase for Methyl Methacrylate (MMA) in Europe, according to the company's press release as of June 15.

Effective July 1, 2021, or as existing contract terms allow, he price for MMA monomer will rise by EUR200/tonne.

As MRC reported earlier, in May, 2021, Trinseo announced the closing of the previously announced transaction to acquire Arkemas polymethyl methacrylates (PMMA) business. PMMA is a transparent and rigid resin with a wide range of end uses that augments Trinseos existing offerings across several end markets including automotive, building and construction, medical and consumer electronics.

The main application, consuming approximately 75% MMA, is in the production of polymethyl methacrylate acrylic plastics (PMMA). Methyl methacrylate is also used to produce methyl methacrylate-butadiene-styrene copolymer (MBS), used as a modifier for polyvinyl chloride (PVC).

According to ICIS-MRC Price report, situation in the Russian PVC market was quite calm last week, most deals for June PVC shipments have already been completed. Some converters have even already agreed on July supplies of Chinese PVC.

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, acryl, PVC, SPVC, MMA (metilmetakrilat), Arkema, Trinseo (Styron).
Category:General News
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