New Year, higher prices

Polyolefins supplier LyondellBasell (Rotterdam, Netherlands) announced it has increased the prices it charges on all of its polyethylene and on all of its polypropylene grades by €100 per tonne in Europe. “Escalating feedstock costs have necessitated this price increase,” said Anton de Vries, LyondellBasell’s president of Europe, Asia and International, in a brief statement. —mpweditorial@cancom.com