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 with a focus on delivering innovative, sustainable, and value-creating products that are intrinsic to our daily lives. Trinseo is dedicated to making a positive impact on society by partnering with like-minded stakeholders, and supporting the sustainability goals of our customers in a wide range of end-markets including automotive, consumer electronics, appliances, medical devices, packaging, footwear, carpet, paper and board, building and construction, and tires. Trinseo had approximately $3.0 billion in net sales in 2020, with 17 manufacturing sites around the world, and approximately 2,600 employees. For more information, please visit: www.trinseo.com.
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