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INEOS NOVA announces price increase for all Polystyrene products in Europe
28-Feb-2008
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INEOS NOVA announced a price increase of 70 Euro/mt for all polystyrene products in Europe effective from March 1st, 2008.
INEOS NOVA's price spread in February was below expectations, and did not fully reflect market fundamentals. Feedstock costs are expected to increase signficantly next month, therefore a price increase in March is fully justified, according to the company.