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INEOS AND ARBURG FOCUS ON SUSTAINABLE STYRENICS
sustainability

INEOS and Arburg focus on sustainable styrenics. INEOS Styrolution has announced its partnership with Arburg, a leading global manufacturer of plastic processing machines.

The collaboration will merge Arburg’s innovative injection moulding machines with INEOS Styrolution’s comprehensive sustainable styrenics polymer portfolio.

Demonstrations are scheduled for Arburg’s Anniversary Days 2023 (March 8-11 in Lossburg) and FAKUMA 2023 (October 17-21 in Friedrichshafen).

INEOS Styrolution’s ECO portfolio showcases a variety of sustainable styrenics materials. This includes Styrolution® PS ECO, a range of ABS, ASA, SAN, SMMA grades, and SBC ECO solutions.

The Terluran ECO line of ABS products features mechanically-recycled and bio-attributed alternatives to conventional ABS.

The mechanically-recycled grades contain up to 70% post-consumer recycled content. Meanwhile, the bio-attributed grades are ISCC-certified, with some offering a complete bio-attributed solution.

Arburg successfully tested INEOS Styrolution’s sustainable ECO grades. These machines emphasize energy-saving, resource-efficient, and user-friendly features.

Both companies share a strong commitment to sustainability, as highlighted by Christian Homp, Team Manager Applications at Arburg. He believes the collaboration will help customers improve their CO2 footprint.

Christian Dietlein, Technical Account Manager at INEOS Styrolution, is excited to work with a company that shares similar objectives related to sustainability.

TRINSEO HIKES PRICES IN MARCH

Trinseo hikes prices in March. The increases will apply polystyrene (PS), acrylonitrile butadiene styrene (ABS), and styrene-acrylonitrile (SAN) grades in Europe.

The company notes the decision represents the increase in raw material costs for styrene production.

Contract and spot prices for these materials will increase. A +70 Euro per metric ton for PS and +30 Euro per metric ton for ABS and SAN grades.

Trinseo is known for its premier expertise and innovative solutions. The company supplies a wide range of industries. Some of these include building and construction, consumer goods, medical, and mobility.

SAN MARKET FACES CHALLENGES
poor demand chart abstract

The SAN market faces challenges in 2023 due to continued lack of improvement in demand in February. Some downstream sectors experienced even lower activity versus January.

One such sector remains the construction industry, which has seen a significant decrease in activity in recent weeks.

The fall in prices for PMMA, a material used as a substitute for styrene acrylonitrile (SAN) in some applications, has led to a further decrease in demand.

Additionally, competitive imports also likely contributed to the erosion of domestic demand.

The compounding sector, which has been heavily impacted by the recent energy crisis, continues to struggle.

Most downstream markets operate at similar low levels as last year, such as the appliances and consumer goods sectors.

With high inflation and consumers facing financial strain, demand should remain weak for the foreseeable future.

However, some positive data in January increased the chance that during the second half, activity could start to improve in some markets.

price increases

Trinseo adjusts prices up in February. The company announced an increase in the prices of polystyrene, ABS, and SAN grades.

The change, which takes effect on February 1st, was prompted by higher raw material costs in styrene production.

The prices increases will range from plus €40-50/mt on GPPS, HIPS, ABS, and SAN resins.

Trinseo is a leading provider of specialty material solutions for various industries, offering a range of products including polystyrene, ABS, and SAN resins.

Polystyrene (PS) is a thermoplastic polymer widely used in consumer products, packaging materials, and insulation.

Acrylonitrile Butadiene Styrene (ABS) is a plastic commonly used in consumer products such as toys, electronics.

Styrene Acrylonitrile (SAN) is a copolymer plastic commonly used in food packaging and consumer products.

TRINSEO SEEKS PRICE INCREASES FOR SAN AND ABS

Trinseo seeks price increases for SAN and ABS in January versus December following the triple-digit increase in the styrene contract price.

Trinseo seeks price increases of €35/mt for its acrylonitrile butadiene styrene (ABS). While for styrene acrylonitrile (SAN), the company is targeting an increase of €50/mt.

The increase most certainly aims to offset the increase in the raw material styrene monomer price.

In January, the styrene contract price increased by €115/mt, following a surprise increase further upstream of €145/mt on benzene.

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