Styrolution increases prices for specialty products in EMEA
03/31/14
Frankfurt, Germany
Frankfurt, Germany – March 31, 2014 – Styrolution, the global leader in styrenics, today announced that effective April 1, 2014, or as existing contracts permit, it will increase its European sales prices for specialties as follows:
- Luran S (ASA) +80 euros per metric ton
- Luran SC (ASA/PC) +80 euros per metric ton
- Novodur (ABS) +80 euros per metric ton
- Terblend N (ABS/PA, ASA/PA) +50 euros per metric ton
- Luran (SAN) +50 euros per metric ton
- Luran HH (AMSAN) +80 euros per metric ton
or by the equivalent amounts in local currency.
Throughout the first quarter of 2014, Styrolution has absorbed increased raw material costs for almost all of its product lines. The price adjustments are necessary to reflect these developments and to ensure feedstock availability in the second quarter.
ABOUT INEOS STYROLUTION
INEOS Styrolution is the leading, global styrenics supplier with a focus on styrene monomer, polystyrene, ABS Standard and styrenic specialties. With world-class production facilities and more than 85 years of experience, INEOS Styrolution helps its customers succeed by offering the best possible solution, designed to give them a competitive edge in their markets. The company provides styrenic applications for many everyday products across a broad range of industries, including automotive, electronics, household, construction, healthcare, toys/sports/leisure, and packaging. In 2015, sales were at 5 billion euros. INEOS Styrolution employs approximately 3,100 people and operates 15 production sites in nine countries.
