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2005-06-28

Basell to increase PP and PE prices in Europe

Basell announced that it will increase prices by €100 per tonne on all polypropylene and polyethylene grades sold in Europe effective July 1.

“With global polyolefin demand picking up again and oil and naphtha prices at extremely high levels, margins need to be restored,” said Werner Breuers, president of Basell Polyolefins Europe.

Basell NV, Hoofddorp, Netherlands

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