INEOS NOVA is increasing the price at which it sells expandable polystyrene (EPS) in Europe by 100 Euro per tonne, effective 1st June 2008.
This increase is necessary because of continuing large increases in feedstock costs, and because margins in EPS have slipped to unsustainably low levels. The timing is good as demand is expected to be strong at this time of year.
More: www.ineos-nova.com, media@ineos-nova.com .
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