Borealis: Price increases for polyethylene and polypropylene

Borealis, a leading provider of chemical and innovative plastics solutions, announces that it will increase all polyolefin prices for January 2013. Polyethylene prices will increase by EUR 100/tonne while prices for polypropylene will increase by EUR 75/tonne.

"The decision to increase prices is based on the development in the market over the last couple of months that requires us to react," comments Alfred Stern, Borealis Executive Vice President Polyolefins.