Trinseo (formerly Styron), a major European producer of polystyrene (PS), announced an increase in March prices for all brands of PS, acrylonitrile-butadiene-styrene (ABS) and styrene-acrylonitrile (SAN) in Europe, the company said.

The increase in prices entered into force on March 5, 2018 and is consistent with the terms of the current contracts. Thus, the company’s March contract and spot prices for the following brands were raised as follows:

– for STYRON brand of polystyrene for general use (PSS / M) – for EUR70 per ton;
– for STYRON and STYRON-TECH brand of high-impact polystyrene (UPS / M) – at EUR70 per ton;
– brand MAGNUM ABS – at EUR50 per ton;
– to the brand TYRIL SAN – at EUR50 per ton.

As reported by Market Report company, Trinseo last time raised prices for all brands of PS, ABS and SAN in the European market from February 1 of the current year, as indicated below:

– for the STYRON PSS / M brand – at EUR135 per tonne;
– for STYRON and STYRON-TECH brands – for EUR135 per tonne;
– brand MAGNUM ABS – at EUR100 per ton;
– for the brand TYRIL SAN – at EUR120 per ton.

According to the Price Review of ICIS-MRC, last week the Russian market of PS was reduced activity on the backdrop of non-working days on Thursday and Friday. All major market players confirmed the information on the growth of prices of Nizhnekamsk polystyrene in March. The lower limit of the cost of Nizhnekamsk PSS / M rose to 103 thousand rubles. per ton, FCA Nizhnekamsk, including VAT. Against the backdrop of low demand, the cost of the UFC / M produced by Gazprom Neftekhim Salavat (GNS) remains below the general-purpose material. There is a shortage of MSS / M produced by the SOT. Most traders said they could not get the material. The cost of the PSS / M production of Penoplex is kept at 109.5 thousand rubles. per ton, including VAT.

Trinseo (formerly Styron), headquartered in Horgenge, Switzerland, is the largest European producer of polystyrene, emulsion polymers, polycarbonate and synthetic rubbers. From February 1, 2015, Styron changed its name to Trinseo.