TITLE

European ABS back on track

AUTHOR(S)
Gibson, Jane
PUB. DATE
May 2006
SOURCE
ICIS Chemical Business;5/22/2006, Vol. 1 Issue 20, p26
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the sales increase of Europe's acrylonitrile-butadiene styrene (ABS) market in May 2006 with producers also achieving price increases. Hikes of around €50-80/tonne had been targeted for May to try to offset the raw material and energy increases, but prices only rose by an average €40/tonne. Current gross prices for black grade ABS are quoted at €1370-1550/tonne FD NWE, with natural product around €50-100/tonne lower. With margins still pressured, Badische Anilin und Soda-Fabrik AG (BASF) and Dow Chemical have announced plans to raise prices in Europe by €50/tonne from May 15 and June 1, 2006 respectively.
ACCESSION #
21070722

 

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