LONDON (GC Intelligence) — Trinseo, a materials solutions provider and manufacturer of plastics, announced price increases for all its polystyrene (PS) contracts in Europe.
The company announced that effective from 1 October, its general purpose polystyrene (GPPS) and high impact polystyrene (HIPS) grades will increase €20/mt.
Trinseo had approximately $4.6 billion in net sales in 2018, with 16 manufacturing sites around the world, and approximately 2,500 employees.
Polystyrene is made from styrene monomer and it can be solid or foamed. Some of its applications include packaging, containers, trays, yogurt containers, CD and DVD cases, and disposable cutlery.