Borealis, a leading provider of innovative, value creating plastics solutions, announces that it will increase all polyethylene prices by EUR 80/tonne and all polypropylene prices by EUR 50/tonne as of June 1, 2008.
"This increase is necessary to restore margins and to secure future innovation and development programmes," says Lorenzo Delorenzi, Executive Vice President of Polyolefins.
Borealis and Borouge are leading providers of innovative, value creating plastics solutions. With more than 40 years of experience in polyolefins and using our unique Borstar technology, we focus on the infrastructure, automotive and advanced packaging markets across Europe, the Middle East and Asia.