Zeon raises prices of NBR in Europe, moves to monthly pricing

ERJ staff report (DS)

Duesseldorf, Germany Zeon Europe GmbH has announced a general price increase in Europe of euro 200 per tonne for all Nitrile Rubbers. Zeon is also switching to monthly pricing arrangements.

Subject to the terms of any applicable contracts, these price increases will take effect from 1 March, 2011.

Zeon added, "Following the fact that main raw

materials like Butadiene and Acrylonitrile are traded on a

monthly price basis since beginning of 2011, Zeon's Nitrile

prices will have a monthly validity as well."

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Press release from Zeon (German language