MOSCOW (MRC) -- Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe has announced price increases for all polystyrene (PS), acrylonitrile-butadiene-styrene (ABS) and acrylonitrile styrene copolymer (SAN) grades in Europe, said the producer on its site.
Effective immediately, or as existing contract terms allow, the September contract and spot prices for the products listed below will increase as follows:
- STYRON general purpose polystyrene grades (GPPS), STYRON and STYRON A-TECH high impact polystyrene grades (HIPS) - by EUR25 per metric ton;
- MAGNUM ABS resins and TYRIL SAN resins - by EUR20 per metric ton.
As MRC informed previously, in August 2016, Trinseo and its affiliate companies in Europe announced price increases for all PS, ABS and SAN grades, as follows:
- STYRON GPPS, STYRON and STYRON A-TECH HIPS - by EUR30 per metric ton;
- MAGNUM ABS resins - by EUR30 per metric ton;
- TYRIL SAN resins - by EUR30 per metric ton.
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 USD4.0 billion in revenue in 2015, with 18 manufacturing sites around the world, and more than 2,200 employees.
MRC