Markets Watch

Gibson, Jane
September 2006
ICIS Chemical Business;9/11/2006, Vol. 1 Issue 34, p30
Trade Publication
This article reports that BASF AG is raising European prices of its styrene-butadiene block copolymer (SB) Styrolux by € 200/tonne from September 2006. The hike follows continued increases of feedstock and energy costs. Styrolux has variuos applications including transparent food packaging, blister packaging, cosmetics and office furnishings. September's ICIS Petrochemical Index (IPEX) surged 4.2% from the month before to 271.81 points -- the fifth consecutive monthly rise and the biggest single gain since the U.S. Gulf hurricanes sent global petrochemical prices soaring a year ago.


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