MOSCOW (MRC) -- Styron, the global materials company and manufacturer of plastics, latex and rubber, and its affiliate companies in Europe have announced price decreases for all polystyrene (PS) and copolymer grades, reported the company on its site.
Effective immediately, or as existing contract terms allow, the December contract and spot prices for the products listed below will be reduced, as follows:
- STYRON general purpose polystyrene grades (GPPS), STYRON and STYRON A-TECH high impact polystyrene grades (HIPS) - by EUR110/tonne;
- MAGNUM ABS resins - by EUR80/tonne;
- TYRIL SAN resins - by EUR90/tonne.
As MRC informed earlier, Styron had increased prices of all polystyrene (PS) grades last month. Thus, November 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) - each by EUR10/tonne;
- the prices for MAGNUM ABS resins and TYRIL SAN resins rolled over from October.
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