MOSCOW (MRC) -- Styron Hong Kong, an affiliate of Styron, the global materials company and manufacturer of plastics, latex and rubber, is in plans to shut a polystyrene (PS) plant for maintenance turnaround, reported Apic-online.
A Polymerupdate source in Hong Kong is in plans to sht the plant in September 2014. It is likely to remain off-stream for around one month.
Located in Hong Kong, the plant has a production capacity of 200,000 mt/year.
As MRC wrote before, Styron and its affiliate companies in Europe increased prices of all PS and copolymer grades in May 2014. The May contract and spot prices for the products listed below rose as follows:
- STYRON general purpose polystyrene grades (GPPS), STYRON and STYRON A-TECH high impact polystyrene grades (HIPS) - by EUR35/tonne;
- MAGNUM ABS resins - by EUR35/tonne;
- TYRIL SAN resins - by EUR35/tonne.
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. StyronпїЅs 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 USD5.3 billion in revenue in 2013, with 19 manufacturing sites around the world.
MRC