Trinseo Announces Price Increase for Polystyrene and Copolymers in Europe
PFAEFFIKON, Switzerland – February 28, 2023
Trinseo (NYSE: TSE), a specialty material solutions provider, and its affiliate companies in Europe announced today a price increase for all polystyrene (PS), ABS and SAN grades, mostly based on raw material cost increases for styrene production. Effective March 1, 2023, or as existing contract terms allow, the contract and spot prices for the products listed below will increase as follows:
- STYRON™ and STYRON™ X-TECH general purpose polystyrene grades (GPPS) by +70 Euro per metric ton
- STYRON™ and STYRON™ A-TECH, STYRON™ C-TECH and STYRON™ X- TECH high impact polystyrene grades (HIPS) by +70 Euro per metric ton
- MAGNUM™ ABS resins by +30 Euro per metric ton
- TYRIL™ SAN resins by +30 Euro per metric ton
Trinseo (NYSE: TSE), a specialty material solutions provider, partners with companies to bring ideas to life in an imaginative, smart and sustainably focused manner by combining its premier expertise, forward-looking innovations and best-in-class materials to unlock value for companies and consumers.
From design to manufacturing, Trinseo taps into decades of experience in diverse material solutions to address customers’ unique challenges in a wide range of industries, including building and construction, consumer goods, medical and mobility.
Trinseo’s approximately 3,400 employees bring endless creativity to reimagining the possibilities with clients all over the world from the company’s locations in North America, Europe and Asia Pacific. Trinseo reported net sales of approximately $5.0 billion in 2022. Discover more by visiting www.trinseo.com and connecting with Trinseo on LinkedIn, Twitter, Facebook and WeChat. Cautionary
Note on Forward-Looking Statements
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For editorial information:
Mark Rühmann, Trinseo
+ 49 6196 969 3062
Carolin Skupin, Palmer Hargreaves
+49 221 933 22 247