European ABS back on track

Gibson, Jane
May 2006
ICIS Chemical Business;5/22/2006, Vol. 1 Issue 20, p26
Trade Publication
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.


Related Articles

  • ECU (EUROPEAN CURRENCY UNIT).  // Europe: A Concise Encyclopedia;2004, p67 

    Information on ECU (European Currency Unit) is presented. ECU was a transitional artificial currency, which is now defunct, ECU existed from 1981 until it was replaced by the euro at the beginning of 1999. Its predecessor, the European Unit of Account (EUA) was a mere book-keeping device to...

  • European currency unit.  // Essential Finance;2003, p128 

    A definition of the term "European currency unit" is presented. It refers to an artificial currency unit (ecu), which was invented by the European Community in the 1970s and came into force with the signing of the Maastricht treaty in 1992. It originally aims to as a reserve asset and as a means...

  • European Currency Unit (ECU).  // International Dictionary of Finance, 4th Edition;2003, p91 

    Information on the European Currency Unit (ECU) is presented. It is related to the European Monetary System.

  • The slow road to the ECU. Lawson, James C. // World & I;Apr95, Vol. 10 Issue 4, p80 

    Reports on the tedious process being undergone by the European Economic Communities to achieve a unified European currency. Implications of the Maastricht Treaty; Promotion of American investment in member countries; Effect on American businesses; Member countries' inability to actively...

  • ECU.  // International Dictionary of Finance, 4th Edition;2003, p82 

    The full form of the acronym ECU is presented. It stands for European Currency Unit in the European Monetary System.

  • EUROCREEP.  // Europe: A Concise Encyclopedia;2004, p82 

    Information on Eurocreep, the theory that euro notes and coins, by circulating in countries outside the eurozone, especially Great Britain, would eventually become familiar enough to displace the domestic currency, is presented. It is also reported that the word is also less frequently used to...

  • green pound.  // Bloomsbury Business Library - Business & Management Dictionary;2007, p3476 

    A definition of the term "green pound" is presented. It refers to the fixed European currency unit (ECU) in which prices of agricultural goods in the European Union are set.

  • The (Almost) Single Market.  // Canada & the World Backgrounder;Dec2003, Vol. 69 Issue 3, p16 

    Focuses on the importance of the common usage of the euro across national borders towards the creation of a Europe-wide economy. Disappearance of the well-known currencies of Europe; Use of the euro as a virtual currency in electronic transfers among banks; Objection of Sweden and Denmark to...

  • THE EURO.  // Foreign Policy;Sep/Oct2005, Issue 150, p42 

    Predicts that the euro will fail in Europe. Decline of the idea of a common currency; Claim that new European Union countries are unlikely to adopt the euro; Discussion of the defeat of the European Constitution; Lack of unity among European Union countries.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics