MOSCOW (MRC) -- Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe, has announced a price increase for all latex products sold into the Paper, Board, Carpet and Textile, and Adhesive and Construction Binder markets in the EMEA region, as per the company's press release.
The increase was EUR60 per dry metric ton for all latex products and was effective as of 3 October 2017 or as contract terms permit.
As MRC reported earlier, Trinseo increased prices for all polystyrene (PS), acrylonitrile-butadiene-styrene (ABS) and acrylonitrile-styrene copolymer (SAN) grades, effective September 1, 2017, 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.
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