Styron: Price increases for polystyrene and copolymers in Europe

Styron Europe GmbH and its affiliate companies in Europe recently announced price increases for all polystyrene and copolymers grades. Effective immediately, or as existing contract terms allow, the prices for the products listed below will increase as follows:

STYRON™ general purpose polystyrene grades (GPPS) by 40 Euro per metric ton
STYRON™ and STYRON A-TECH™ high impact polystyrene grades (HIPS) by 80 Euro per metric ton
MAGNUM™ ABS resins by 100 Euro per metric ton
TYRIL™ SAN resin by 45 Euro per metric ton
In addition to keeping pace with the continuous escalation in all raw material costs associated with the manufacturing of these products since the beginning of the year, this price increase seeks to restore adequate operating margins so that Styron can meet the ongoing needs of its customers in Europe, justified the company.