Trinseo (NYSE: TSE) a global materials company and manufacturer of plastics, latex and rubber, today announced that effective July 18, 2016 or as contract terms permit, the company is increasing the prices of all Styrene Butadiene latex products sold into the carpet, paper, and performance latex markets in North America.
The increase will be $0.05/wet lb for all Styrene Butadiene latex products.
This price increase is being driven by increases in raw material and higher transportation costs. We must implement this price increases in order to offset the rising costs to manufacture and transport our products and to remain a strong and reliable supplier.
If you have any questions, please contact your Trinseo sales representative.
Trinseo (NYSE: TSE) is a global materials solutions provider and manufacturer of plastics, latex binders, and synthetic rubber. We are focused on delivering innovative and sustainable solutions to help our customers create products that touch lives every day — products that are intrinsic to how we live our lives — across a wide range of end-markets, including automotive, appliances, consumer electronics, medical devices, electrical, building and construction, textile, paper and board, footwear and tires. Trinseo had approximately $4.4 billion in net sales in 2017, with 16 manufacturing sites around the world, and approximately 2,200 employees. For more information visit www.trinseo.com
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