FRIBOURG -- NOVA Innovene announced a price increase of 30 Euro per metric tonne for all Polystyrene (PS) products effective April 1st, 2006. The price increase is necessary to recover lost margin from the continuous increase of energy and feedstock costs.

Customers interested in learning more about the price increase should contact their local NOVA Innovene country manager.

Headquartered in Fribourg, Switzerland, NOVA Innovene is the European styrenic polymers joint venture between NOVA Chemicals and Innovene. NOVA Innovene employees develop and manufacture market commodity and performance styrenic polymers that are essential to everyday life. We are committed to the Responsible Care principles, to ensure effective health, safety, security and environmental stewardship for employees and communities.

Source: NOVA Innovene

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