MOSCOW (MRC) -- Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe have announced an increase in its prices 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, effective 16 October 2018, or as contract terms permit, was EUR40 per dry metric ton for all latex products.
As MRC reported earlier, Trinseo has raised September prices for all polystyrene (PS), acrylonitrile-butadiene-styrene (ABS) and acrylonitrile styrene copolymer (SAN) grades. Thus, effective September 1, 2018, or as existing contract terms allow, the contract and spot prices for the products listed below increased as follows:
- STYRON general purpose polystyrene grades (GPPS) - by EUR85 per metric ton;
- STYRON and STYRON A-Tech high impact polystyrene grades (HIPS) - by EUR85 per metric ton;
- MAGNUM ABS resins - by EUR60 per metric ton;
- TYRIL SAN resins - by EUR60 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 USD4.4 billion in net sales in 2017, with 16 manufacturing sites around the world, and approximately 2,200 employees.
MRC