MOSCOW (MRC) -- Trinseo, a global materials company and manufacturer of plastics, latex binders and synthetic rubber, and its affiliate companies in Europe have announced a price increase for all polycarbonate (PC) grades, as per the company's press release.
Effective September 3, 2019, or as existing contract terms allow, the contract and spot prices for the products listed below increased as follows:
- CALIBRE PC resins - by EUR100 per metric ton.
As MRC informed earlier, Trinseo also raised its prices for all PS grades in Europe on 1 September 2019, as stated below:
- STYRON general purpose polystyrene grades (GPPS) - by EUR100 per metric ton;
- STYRON and STYRON A-Tech high impact polystyrene grades (HIPS) - by EUR100 per metric ton.
According to ICIS-MRC Price report, July imports of PC granules and compounds to Russia, excluding deliveries from Belarus, were 2,3400 tonnes, compared to 1,840 tonnes a month earlier and 1,070 tonnes in July 2018. Last month's imports of PC granules, excluding Belarusian shipments, were 1,940 tonnes (extrusion grade PC - 1,290 tonnes, injection moulding PC - 580 tonnes, blow moulding PC - 80 tonnes) versus 790 tonnes in July 2018. In June 2019, imports of PC granules reached 1,350 tonnes. Shipments of PC granules, excluding imports of Sabic material from Belarus, rose in January-July 2019 by 87% year on year to 9,140 tonnes from 4,890 tonnes a year earlier.
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 USD4.6 billion in net sales in 2018, with 16 manufacturing sites around the world, and approximately 2,500 employees.