Styron Announces Price Increases for Polystyrene in Europe

Styron Europe GmbH and its affiliate companies in Europe announced today price increases for all polystyrene (PS) grades. These price increases will enable Styron to continue current levels of production and investment in its polystyrene business.

Effective immediately, or as existing contract terms allow, the November contract and spot prices for the products listed below will increase as follows in order to recover margins due to volatility of raw material costs:
STYRON™ general purpose polystyrene grades (GPPS) by 25 Euro per metric ton
STYRON™ and STYRON A-TECH™ high impact polystyrene grades (HIPS) by 25 Euro per metric ton

Styron is a leading global materials company and manufacturer of plastics, latex and rubber, dedicated to collaborating with customers to deliver innovative and sustainable solutions. Styron's technology solutions are used by customers in industries such as home appliances, automotive, building & construction, carpet, commercial transportation, consumer electronics, consumer goods, electrical & lighting, medical, packaging, paper & paperboard, rubber goods and tires. Styron had approximately USD 6 billion in revenue in 2011, with 20 manufacturing sites around the world, and 2100 employees.

Source: Styron