BASF seeks to raise European high impact PS delta

05 January 2006 11:38  [Source: ICIS news]

LONDON (ICIS news)--BASF made it clear on Thursday that it intends to increase the European delta between general purpose polystyrene (GPPS) and high impact polystyrene (HIPS), based on a rise in HIPS feedstock polybutadiene. 

The actual amount targeted for later this quarter has not yet been announced, but the increased cost for the PS producer will be around Euro70-80/tonne, a company source said. The current delta between the two grades is Euro40-50/tonne.

Several PS producers have announced increases for January PS, independent of polybutadiene prices. January price hike targets are based on the increase in styrene monomer which rose this month by Euro83-107/tonne.

By: Linda Naylor
+44 20 8652 3214

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly