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TRINSEO HIKES POLYSTYRENE AND COPOLYMER PRICES
price increase

Trinseo hikes polystyrene and copolymer prices. The company, a specialty material solutions provider, has announced a surge in its polystyrene and copolymer prices across Europe.

Effective from August 1, 2023, the adjustments include a €125/MT hike for general and high impact polystyrene grades (STYRON™ series), a €55/MT increase for MAGNUM™ ABS resins, and a €85/MT rise for TYRIL™ SAN resins.

These changes adhere to existing contract conditions and mirror the evolving market dynamics in the specialty materials industry.

Polystyrene (PS) functions prominently in insulation and consumer electronics. Acrylonitrile Butadiene Styrene (ABS) forms critical components in automotive and children’s toys.

Styrene Acrylonitrile (SAN) contributes to transparent applications such as food packaging and refrigerator trays.

TRINSEO ANNOUNCES EUROPEAN PRICE DROP
price decrease

Trinseo announces European price drop. Trinseo in conjunction with its European subsidiaries, has announced a significant price decrease for its entire lineup of polystyrene (PS), Acrylonitrile Butadiene Styrene (ABS), and Styrene Acrylonitrile (SAN) grades.

This change will take effect from July 1, 2023, or as dictated by existing contractual agreements.

Trinseo’s general purpose polystyrene grades (GPPS), high impact polystyrene grades (HIPS), ABS resins, and SAN resins are all set for a price reduction of €65 per metric ton.

This price cut follows a decline in raw material costs experienced in July.

Moreover, the polymer industry continues to face challenges, with persistently subdued demand, a situation which has been ongoing for months.

Polystyrene (PS), Acrylonitrile Butadiene Styrene (ABS), and Styrene Acrylonitrile (SAN) are all versatile thermoplastics with diverse applications in packaging, consumer goods, and various industrial products.

ELIX’S ANTI-NOISE SOLUTION APPROVED
automotive

Elix’s anti-noise solution approved. ELIX Polymers secures crucial validation from a prominent German automotive firm for their specialty anti-squeak polymers.

The materials, advanced grades of ABS and PC/ABS, have been crafted to nullify the disconcerting noise from plastic parts rubbing against each other or different materials.

They’ve received an affirmative nod for inclusion in future vehicle production.

The quiet operation of the increasingly popular electric and hybrid vehicles makes these sound-dampening materials all the more necessary.

These ELIX materials effectively address the noise issue by being destined for a broad array of interior components, such as armrests, door handles, and sunroofs.

Thorough stick-slip tests underscore the materials’ excellent performance, as they obtained exceptionally low risk scores.

The base polymers used in these new grades retain their original characteristics, thereby preserving existing OEM approvals.

These products offer considerable cost efficiency by obviating the need for additional noise reduction elements after parts injection and assembly.

ELIX Polymers’ focus on delivering value-added, bespoke solutions through strong collaboration with key automotive OEMs is reflected in this step.

TRINSEO ANNOUNCES PRICE INCREASES IN MAY, 2023
price increases

Trinseo announce price increases. Trinseo has announced a price increase for its products starting on May 1, 2023.

The prices of all GPPS, HIPS, ABS, and SAN grades will be increased.

The announcement follows an increase of the styrene monomer contract price in May of €55/MT to €1511/MT.

GPPS and HIPS will be increase by +75 Euro per metric ton.

And ABS and SAN resins will see price increases of +25 Euro and +30 Euro per metric ton, respectively.

This price increase will affect Trinseo and its affiliated companies in Europe.

As a provider of specialty material solutions, Trinseo works with various industries to promote sustainability and innovative ideas.

EUROPEAN ABS PRICES FALL AMID LACKLUSTRE MARKET
lower prices

ABS prices fall amid lacklustre market. European acrylonitrile-butadiene-styrene (ABS) prices fell in April due to a decrease in raw material costs and weak demand, according GC Intelligence assessments.

While the main feedstock, styrene monomer contract, saw a slight increase, prices for specialty, white, extrusion, and natural grades decreased by varying amounts.

The market remains lacklustre, with import volumes remaining relatively competitive. But suppliers are no longer willing to drop prices due to low margins.

Forecasts predict continued poor economic conditions, limiting any significant price increases in the coming months.

However, some pockets of recovery have been seen. For example in the furniture and automotive industries, activity has picked up, albeigt slightly. But overall demand remains sluggish.

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