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| 2008-05-29 |
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INEOS NOVA Announce Price Increase for Expandable Polystyrene (EPS)
| INEOS NOVA (www.ineos-nova.com) announced recently that they are increasing the price for expandable polystyrene (EPS) by 100 Euro per tonne, effective June 1, 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. |
INEOS NOVA International SA, Fribourg, Switzerland
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