Trinseo (formerly Styron), a major European producer of polystyrene (PS), announced an increase in August prices for all grades of PS, acrylonitrile butadiene styrene (ABS) and styrene acrylonitrile (SAN) in Europe, the company said on August 6. …

The price increase took effect on August 1, 2020 and is consistent with the terms of the current contracts. Therefore, the company’s August contract and spot prices for the following brands have been raised as follows:

– for the STYRON brand of general purpose polystyrene (PSS / M) – by EUR30 per ton;
– for brands STYRON and STYRON A-TECH, STYRON X-Tech, STYRON C-Tech of impact-resistant polystyrene (UPS / M) – by EUR30 per ton;
– MAGNUM ABS brand – by EUR50 per ton;
– for the TYRIL SAN brand – by EUR40 per ton.

As MRC reported, Trinseo last raised prices for all PS brands on the European market on July 1 this year, as follows:

– for STYRON PSS / M brand – by EUR95 per ton;
– for brands STYRON and STYRON A-TECH, STYRON X-Tech, STYRON C-Tech UPS / M – by EUR95 per ton;
– MAGNUM ABS brand – by EUR100 per ton;
– for TYRIL SAN brand – by EUR85 per ton.

According to the ICIS-MRC Price Review, the cost of the Russian substation in August will increase by an average of 5 thousand rubles. per ton. Several of the largest market participants confirmed that the selling prices of Nizhnekamskneftekhim this month will rise by this amount.

Trinseo (formerly Styron), headquartered in Horgen, Switzerland, is the largest European manufacturer of polystyrene, emulsion polymers, polycarbonate and synthetic rubbers. Styron changed its name to Trinseo on 1 February 2015. Trinseo generated approximately USD3.8 billion in sales in 2019 and operates 17 manufacturing sites around the world and approximately 2.7 thousand employees.