2 December 2009
INEOS ChlorVinyls Announces Price Increase For All Grades Of Suspension PVC In Europe
INEOS ChlorVinyls has today announced a price increase for all its grades of Suspension PVC of €75 per tonne over the next two months.
A €25 per tonne increase will be added to current list prices with immediate effect for December and an additional increase of €50 per tonne announced with effect from 1 January 2010. Any increases not passed on for December will be adjusted for in January pricing. The January price increase will be further reviewed in line with the development of feedstock prices such as ethylene and chlorine.
The increase is in response to increasing feedstock costs in the vinyls and chlor-alkali chain which continue to erode margins.
ENDS
For
further information please contact the INEOS ChlorVinyls Press
Office:
Janet Ward
Telephone: + 44 (0) 1928 515227
Email: janet.ward@ineos.com