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, as per the company's press release.
Effective September 1, 2017, or as existing contract terms allow, the contract and spot prices for the products listed below rose as follows:
- STYRON general purpose polystyrene grades (GPPS) - by EUR210 per metric ton;
- STYRON and STYRON A-TECH high impact polystyrene grades (HIPS) - by EUR210 per metric ton;
- MAGNUM ABS resins - by EUR140 per metric ton;
- TYRIL SAN resins - by EUR160 per metric ton.
As MRC wrote before, Trinseo last raised its contract and spot prices for all PS and SAN grades in Europe effective July 4, 2017, or as existing contract terms allowed, as follows:
- STYRON GPPS - by EUR45 per metric ton;
- STYRON and STYRON A-TECH HIPS - by EUR45 per metric ton;
- TYRIL SAN resins - by EUR25 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 USD3.7 billion in net sales in 2016, with 15 manufacturing sites around the world, and nearly 2,200 employees.
MRC