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Trinseo starts April with hefty increases for PS, ABS

by ChemOrbis Editorial Team -
  • 02/04/2015 (10:45)
According to a statement on the company’s website, global plastics manufacturer Trinseo, which was formerly known as Styron, has started April with hefty hikes on its PS and ABS prices. The producer increased its GPPS and HIPS prices by €320/ton ($346/ton) while lifting its ABS prices by €230/ton ($249/ton) for April shipments to Europe.

Meanwhile, Styrolution was heard to be seeking significant increases for their April PS prices. The producer reportedly increased its April prices for all PS grades by €315/ton ($341/ton) in Europe.

In Europe, players have reported that they expect to see three digit hikes this month because of tight supply in the region and stronger styrene costs. Demand is also said to be good in Europe, especially from the construction sector.

Upstream, an initial April styrene contract has been settled in Europe at €1370/ton ($1473/ton), up €300/ton ($323/ton) from March.
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