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 PULSE polycarbonate (PC)/ acrylonitrile-butadiene-styrene (ABS) and for all MAGNUM ABS automotive market products in Europe, according to the company's press release.
Effective April 1, 2022, or as existing contract terms allow, the contract and spot prices for the products stated above rose as follows:
- PULSE PC/ABS resins - by EUR230 per metric ton;
- MAGNUM ABS resins - by EUR200 per metric ton.
Note: Utility surcharges are not included in the above price changes and are in addition to these amounts.
As MRC reported earlier, Trinseo last raised its prices for all PULSE PC/ABS grades and MAGNUM ABS products in Europe on January 1, 2022, by EUR200 per metric ton.
According to ICIS-MRC Price report, in Russia, Plastik, Uzlovaya raised April prices of its material for various buyers. Thus, lots of 20 tonnes of uncoloured ABS were sold by the plant at Rb408,000-410,000/tonne FCA Uzlovaya, including VAT.
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 $4.8 billion in net sales in 2021 and has 26 manufacturing sites and one recycling facility around the world and approximately 3,400 employees.