Trinseo Announces Price Increase for Polystyrene in Europe

2020-05-31

Trinseo Announces Price Increase for Polystyrene i

Trinseo Announces Price Increase for Polystyrene in Europe

 

Trinseo, a global materials solutions provider and a manufacturer of plastics, latex binders, and synthetic rubber, and its affiliate companies in Europe announced a price increase for all polystyrene (PS). Effective May 1, 2020, or as existing contract terms allow, the contract and spot prices for the products listed below will increase as follows:

 

STYRON™ general purpose polystyrene grades (GPPS) by 10 Euro per metric ton

STYRON™ and STYRON A-Tech™, STYRON C-Tech™ and STYRON X- Tech™ high impact polystyrene grades (HIPS) by 10 Euro per metric ton

 

 

Company history

Trinseo's precursor Styron was formed in August 2009 when Dow Chemical Company combined several of its businesses--styrenics; polycarbonate and compounds & blends; Dow Automotive plastics; emulsion polymers (paper and carpet latex); and synthetic rubber — as part of a larger process of identifying and selling non-strategic assets. Several private equity firms bid on Styron, including TPG Capital, Apollo Management, and Lotte Group. On March 2, 2010, Bain Capital announced that it would purchase the newly formed company for $1.63 billion, with Dow retaining a 7.5% stake. The sale was finalized in June 2010.

 

The name Trinseo was chosen in 2012. By February 2015, all legal entities worldwide had changed to the name Trinseo.

 

As of 2016, Bain sold all of its stock in Trinseo, grossing $1.69 billion for 37,269,567 shares, resulting in Trinseo's “full independence as a public company.” In November 2017, Trinseo started a MAGNUM ABS production line manufacturing plant at the Zhangjiagang, China site.

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alt=""/></a> </div> <div class="Media-body"> <h3 class="mx207"> {$T.item.title} </h3> <a class="btn btn-orange" href="{$T.item.exhibition_url}" target="_blank">{#if $T.language=='zh-cn'}了解更多资讯{#else}More{#/if}</a> </div> </div> </li> {#/for} --> <!-- {#foreach $T.list as item} <div class="col-lg-4 wow fadeInUp" data-wow-duration="1.5s" data-wow-delay="500ms"> <div class="img-wrap"> <img class="Media-figure" alt="{$T.item.pic_alt || ''}" src="{$T.oss_domain}{$T.item.pic_url||'/Public/front/img/overseas_exhibition/oe_1.png'}" onerror="this.src='/Public/front/img/pure_logo.png';this.onerror=null" alt=""> </div> <h3>{$T.item.title}</h3> <a class="btn btn-orange s_i_more" href="/rubber_overseas_exhibition_detail/{$T.item.urla}.html" target="_Blank">{#if $T.language=='zh-cn'}了解更多展会详情 →{#else}More →{#/if}</a> </div> {#/for} --> <!-- <li> <div class="row"> <div class="col-lg-6 news"> {#if $T.list[0]} <a href="/rubber-new-detail/{$T.list[0].urla}.html"> <i class="fa fa-angle-right"></i> {$T.list[0].title} </a> {#/if} </div> <div class="col-lg-6 news"> {#if $T.list[1]} <a href="/rubber-new-detail/{$T.list[1].urla}.html"> <i class="fa fa-angle-right"></i> {$T.list[1].title} </a> {#/if} </div> </div> </li> <li> <div class="row"> <div class="col-lg-6 news"> {#if $T.list[2]} <a href="/rubber-new-detail/{$T.list[2].urla}.html"> <i class="fa fa-angle-right"></i> {$T.list[2].title} </a> {#/if} </div> <div class="col-lg-6 news"> {#if $T.list[3]} <a href="/rubber-new-detail/{$T.list[3].urla}.html"> <i class="fa fa-angle-right"></i> {$T.list[3].title} </a> {#/if} </div> </div> </li> <li> <div class="row"> <div class="col-lg-6 news"> {#if $T.list[4]} <a href="/rubber-new-detail/{$T.list[4].urla}.html"> <i class="fa fa-angle-right"></i> {$T.list[4].title} </a> {#/if} </div> <div class="col-lg-6 news"> {#if $T.list[5]} <a href="/rubber-new-detail/{$T.list[5].urla}.html"> <i class="fa fa-angle-right"></i> {$T.list[5].title} </a> {#/if} </div> </div> </li> <li> <div class="row"> <div class="col-lg-6 news"> {#if $T.list[6]} <a href="/rubber-new-detail/{$T.list[6].urla}.html"> <i class="fa fa-angle-right"></i> {$T.list[6].title} </a> {#/if} </div> <div class="col-lg-6 news"> {#if $T.list[7]} <a href="/rubber-new-detail/{$T.list[7].urla}.html"> <i class="fa fa-angle-right"></i> {$T.list[7].title} </a> {#/if} </div> </div> </li> --> <!-- {#foreach $T.list as item} <div class="col-lg-4 wow fadeInUp" data-wow-duration="1.5s" data-wow-delay="500ms"> <div class="news-box"> <div class="head-img" style="background-image: url({$T.oss_domain}{$T.item.pic_url})"> <div class="calendar-card"> <h2>{ format_new_date_D($T.item.pub_date)}</h2> <p class="p9">{ format_new_date_YM($T.item.pub_date) }</p> </div> </div> <div class="body"> <p class="p7">{#if $T.language=='zh-cn'}展会新闻{#else}Exhibition news{#/if}</p> <h3 class="line-process two"> {$T.item.title} </h3> <p class="p8 line-process three">{$T.item.des}</p> <div class="btn btn-orange" onclick="javascript:location.href='/rubber-new-detail/{$T.item.urla}'">{#if $T.language=='zh-cn'}了解更多{#else}More{#/if}</div> </div> </div> </div> {#/for} --> <!-- <li><div><i class="fa fa-vcard-o"></i></div></li> {#foreach $T as item} <li data-id="{$T.item.id}" class= "{#if $T.item$index == 0}active {#/if}wow fadeInUp" data-wow-duration="1s" data-wow-delay="{$T.item$index}00ms" <div> <p>{$T.item.field}</p> </div> </li> {#/for} --> <!-- <div class="col-lg-6"> <h2>{$T.name}</h2> <p class="p11">{$T.description}</p> <ul class="item-ul"> {#foreach $T.images as item} <li> <div class="Media"> <label class="Media-figure" >{$T.item.item}</label> <div class="Media-body"> <div class="progress-bar2"> <div class="inner-bar" style="width:{$T.item.percent}%;"></div> <label class="inner-num">{$T.item.percent}%</label> </div> </div> </div> </li> {#/for} </ul> <a class="exhibitor-list" href="{#if $T.language=='zh-cn'}http://online.rubbertech-expo.com/actorlist/index.aspx{#else}http://online.rubbertech-expo.com/actorlisten/index.aspx{#/if}">{#if $T.language=='zh-cn'}查看展商列表{#else}View exhibitor list{#/if}<i class="fa fa-share"></i></a> </div> <div class="col-lg-6"> <img class="img" src="{$T.img_url}" alt=""/> </div> --> <!-- {#foreach $T.list as item} {#if $T.item.img_ext == 'mp4'} <div class="swiper-slide page-banner-ar " data-swiper-autoplay="15000" {#if $T.item.classification}onclick="window.open('{$T.item.classification}', '_blank')"{#/if} > <div class="video-wrapper"> <video autoplay="1" muted="0" loop="1"> <source src="{$T.item.savepath}" type="video/mp4"> </video> </div> {#else} <div class="swiper-slide page-banner-ar " data-swiper-autoplay="5000" {#if $T.item.classification}onclick="window.open('{$T.item.classification}', '_blank')"{#/if} style="background-image:url({$T.item.img_url})"> {#/if} <div class="page-banner-title"> <h1>{$T.item.name}</h1> <p class="p-1">{$T.item.product}</p> <p class="p-1">{$T.item.description}</p> {#if $T.item$index== 0 || $T.item$index== 1} <div class="row text-center"> <div class="col-lg-12"> <a class="btn btn-orange" target="_blank" {#if $T.language=='zh-cn'} href="https://dwz.cn/oaZkvocg" {#else} href="https://dwz.cn/g1YbASI0" {#/if}>{#if $T.language=='zh-cn'}观众预登记{#else}Pre-Registration{#/if}</a> <a class="btn" href="/previous_report">{#if $T.language=='zh-cn'}展后报告{#else}Show report{#/if}</a> </div> </div> {#/if} </div> </div> {#/for} --> <!-- {#foreach $T.list as item} <div class="swiper-slide" style=""> <div style="width:320px" class="wow fadeInUp" data-wow-duration="1.5s" data-wow-delay="500ms"> <div class="bubble"> <p>{$T.item.description}</p> </div> <div class="author"> <div class="Media"> <img class="Media-figure" src="{$T.item.img_url}" alt=""> <div class="Media-body"> <p class="p2">{$T.item.name}</p> <p class="p3">{$T.item.product}</p> </div> </div> </div> </div> </div> {#/for} --> <!-- {#foreach $T.list as item} {#if $T.item$index !=1 && $T.item$index % 2 == 0} <div class="swiper-slide" > <div class="swiper-boxer"> {#/if} <div class="boxer-wrap"> <a target="_blank" href="{$T.item.classification}" ><div class="wrap-img" style="background-image: url({$T.item.img_url})"></div></a> </div> {#if $T.item$index ==1 || $T.item$index !=0 && $T.item$index % 2 != 0 || $T.item$index == $T.list.length -1} </div> </div> {#/if} {#/for} -->