Borealis increases polyethylene and polypropylene prices

Borealis has announced an increase in all polyethylene and polypropylene prices from January onwards.

The company said that tariffs for PE and PP would rise by €100/tonne for January, 2012.

“This decision to increase prices reflects our assumptions on the economic development and it's necessary for the implementation of our Value Creation through Innovation strategy,” said Gerd Löbbert, Borealis Executive Vice President Polyolefins.