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2009-05-20

INEOS Olefins and Polymers to increase prices of its HDPE pipe grades in June

INEOS Olefins & Polymers Europe (www.ineos.com) has announced plans to increase prices for HDPE pipe grades by EUR 70 per tonne, in addition to movements in monthly ethylene pricing.

New prices for PE80, PE100 and PEX grades are to come into effect on June 1st.

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Prices of HDPE pipe grades have substantially lagged the increasing costs of raw materials in Europe and the proposed adjustment begins to redress the balance.

INEOS Olefins & Polymers remains committed to the pipe market as it creates customer value through quality products and services.

INEOS Olefins & Polymers Europe, Grangemouth, Scotland

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