NOVA Innovene announces rollover for all Polystyrene products

04-Sep-2007

NOVA Innovene announced a rollover for all polystyrene products effective September 1st 2007. According to the company, this reflects the limited change expected in the Styrene Monomer contract price in September.

Nova Innovene's realised price spread in August was lower than expected, given the supply/demand balance for the company's products. This pricing takes into account the record pricing level in the aromatics chain and the price differential between PS and competing products.

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