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LyondellBasell: Price increase for PP and PE in Europe

Barely a month after its latest price increase of EUR 100/t, LyondellBasell (Rotterdam / The Netherlands; www.lyondellbasell.com) again will raise the prices of PP and PE products in Europe. Effective 1 February 2010, the group will charge an additional EUR 120/t for PP and EUR 100/t for PE grades.

LyondellBasell said the hike was prompted by rising feedstock costs.

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