polyolefins
PP, PS Prices Drop; Others Soften
Polypropylene prices have dropped significantly and may have hit bottom, while PE prices flattened out and face downward pressure from increased supplier inventories, lower feedstock prices, and soft demand.
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PE, PVC Prices Up; PP, PS Softening
Polyethylene and PVC prices moved up, while PP and PS prices were headed down by the end of the first quarter and into April.
Read MoreBorealis Acquires LLDPE & Plastomer Lines From DSM and ExxonMobil
Acquisition consists of DSM’s Stamylex LLDPE brand name and product line and ExxonMobil’s Exact metallocene plastomer products.
Read MoreDow Plans Multiple Materials Production Units on Gulf Coast
WEB EXCLUSIVE: Several new specialty material production units will be build on the U.S.
Read MoreCereplast Forms Subsidiary for Algae-Based Bioplastics
WEB EXCLUSIVE: Algaeplast is a new wholly-owned subsidiary of Cereplast, Inc., El Segundo, Calif., a maker of compostable and other biobased compounds.
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Most Resin Prices Flat or Lower
Prices of three of the four commodity resins appear to be trending flat-to-down; ditto for three of the four “commodity” engineering resins.
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Make Thinner Stretch-Hood Films at Lower Cost
WEB EXCLUSIVE: A new, more sustainable stretch-hood solution developed by the Belgian polymer plant of Houston-based ExxonMobil Chemical Co. is now being expanded by the company to the resin packaging operations of all of its polymer plants, and can easily be extended to other stretch-hood applications, the company says.
Read MoreMitsui to Boost PP Compounding to Meet U.S. Automotive Demand
Japan’s Mitsui Chemicals, Inc. (U.S. office in Rye Brook, N.Y.) has augmented its expansion plans for production of PP automotive compounds and TPOs in the U.S. by an additional 30 million lb/yr through its affiliate, Advanced Composites, Inc., Sidney, Ohio.
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PP Prices Spike, Others Rise, Too
Prices of four commodity thermoplastics rose in late January and early February, and new increases were announced for this month in PP, PE, and PVC.
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Commodity Resin Prices Shoot Up
Unplanned disruptions in polymer feedstock production in December, to be followed by a number of planned cracker outages slated for the first four months of this year, helped drive up monomer and resin prices, especially of PP, but also including PE, PS, and PVC.
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