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Sabic: Customers informed of price hike for engineering thermoplastics

Sabic Innovative Plastics (Bergen op Zoom / The Netherlands; www.sabic-ip.com) has sent out letters to its European customers informing them that it will raise the prices of several engineering thermoplastics. Specifically, the hike of EUR 220/t, which comes into effect on 15 March 2010, involves all polycarbonate resins, the "Lexan” copolymer grade, the "Cycoloy” blend (PC/ABS) and the "Cycolac” (ABS) styrene range. The group also is planning to raise the price of its "Ultem” range.

As part of the same announcement, Sabic also communicated price increases of EUR 150/t for its "Noryl” (PPE/PS), "Valox” (PBT) and "LNP” resins and compounds.

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