MOSCOW (MRC) -- Styron LLC, the global materials company and manufacturer of plastics, latex and rubber, has announced an increase in the selling price of acrylonitrile-butadiene-styrene (ABS) in the Americas, reported the company on its site.
Effective January 2, 2014, or as existing contract terms allow, prices of MAGNUM ABS resins will rise by USD0.04 USD/lb.
This price increase is in response to the escalation in key raw materials used in the manufacturing process of ABS and is in addition to all previously announced increases.
As MRC reported previously, in July 2013, Styron offered a complete portfolio of acrylonitrile butadiene styrene products under the MAGNUM ABS Resins brand name. Styron’s MAGNUM ABS resins use continuous mass polymerization technology, as opposed to an emulsion process. This ensures superior lot-to-lot consistency in properties and performance, low gel, and a superior natural whiteness.
The Styron ABS business has traditionally supported the automotive industry. Most recently Styron’s global ABS business has expanded to include non-automotive sectors as consumers seek a premium appearance in items such as equipment housings for medical devices, cabinetry for consumer electronics and home furnishings, opaque sheet and furniture.
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.
MRC