23 June 2009
INEOS ChlorVinyls S-PVC Price Announcement - July 2009
INEOS ChlorVinyls has today announced a price increase of 130 Euro per tonne for all
its S-PVC grades in Europe for the month of July.
On the back of
strengthening crude and naphtha prices, the cost of ethylene has
increased significantly through the year with a sustained squeeze on
S-PVC margins. In addition, further decreases in the demand for Caustic
liquor has put added pressure on margins in the Chlor-alkali chain.
The
new price levels will be effective from 1 July 2009.
ENDS
For
further information please contact the INEOS ChlorVinyls Press
Office:
Janet Ward
Telephone: + 44 (0) 1928 515227
Email: janet.ward@ineos.com
