Trinseo Announces Price Increase For Latex Binders In Asia Pacific; Effective Aug 1st, Increasing Prices Of Styrene Butadiene, Styrene Acrylic, And All Acrylic Latex Products In Asia Pacific; Increase Will Be $100/mt For All Indexed And Non-Indexed Customers, As Contracts Allow
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Trinseo (TSE) has announced a price increase for its latex binders in the Asia Pacific region, effective August 1st. The prices of styrene butadiene, styrene acrylic, and all acrylic latex products will increase by $100/mt for all indexed and non-indexed customers, as contracts allow.
July 30, 2024 | 3:40 pm
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Trinseo (TSE) is increasing the prices of its latex binders in the Asia Pacific region by $100/mt starting August 1st. This move could positively impact the company's revenues in the short term.
The price increase for latex binders in the Asia Pacific region is likely to boost Trinseo's revenues, assuming demand remains stable. This move indicates the company's ability to pass on higher costs to customers, which is a positive sign for its pricing power and profitability.
CONFIDENCE 90
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RELEVANCE 100