DUSSELDORF, Germany (Feb. 28, 2011)—Zeon Europe GmbH has announced a general price increase in Europe of $276 per metric tons for nitrile rubber, and said it enact monthly pricing arrangements.
The increase will take effect on March 1, the division of Japan's Zeon Corp. said.
The change to monthly pricing reflects the fact that raw materials such as butadiene and acrylonitrile have been traded on a monthly basis since the start of the year, Zeon said.