Styrolution increases prices for Styrolux (SBC) in Europe

Styrolution today announced that effective February 1, 2012, it has increased the sales price in Europe for Styrolux® (SBC) by 200 €/mt. All existing contractual obligations will be honored.

After a time of prolonged price stability, this increase has become necessary due to rapidly increasing raw material costs. Since December 2011, raw materials costs have already risen by 250 €/mt and it is expected that this trend will continue.

Styrolux is the trade name for Styrolution's thermoplastic material, consisting of styrene-butadiene block copolymers (SBC). This price increase affects all Styrolux brands. Styrolux is widely used in rigid and flexible packaging but also in injection molded applications for cosmetics, medical, and other segments.