Materials
Higher Prices Return
In the teeth of a deepening recession, commodity resin suppliers managed to raise prices in the first two months of the year, spurred by a sudden uptick in monomer tabs. YES, PE PRICES ARE UPPolyethylene suppliers succeeded in hiking prices 7¢/lb in January and February, giving them full implementation of their first increase of the year.
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Resin Prices Bottom Out
The free fall in resin prices appeared to end with a thump last month.
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Your Business Pricing Update - January 2009
With demand for all commodity resins exceedingly weak, and feedstock prices fallen through the floor, there appears to be nothing to stop resin tabs from shrinking further in 2009.
Read MoreTeknor Apex Gains Exclusive License For Starch-Blend Bioplastics
Last month, Teknor Apex Co., Pawtucket, R.I., signed an exclusive licensing agreement with Montreal-based Cerestech, Inc.
Read MoreAutomotive Plastics Adding More Value in Tough Times
The dramatic global downshifting in automotive manufacturing hasn’t put the brakes on plastics innovation, if recently announced developments are any indication.
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Your Business Pricing Update - December 2008
Weak domestic demand, crumbling exports, and plunging feedstock prices brewed a “perfect storm” driving down commodity resin prices in the fourth quarter.
Read MorePLA Biopolymers: New Copolymers, Expandable Beads, Engineering Alloys and More
Up to now, the number-one biopolymer in commercial use, polylactic acid or PLA, has been available mainly from one supplier and in a limited range of varieties. But there appear to be a number of new sources waiting in the wings, who are preparing a profusion of new PLA variants—copolymers, alloys, “engineering” PLA and even “do-it-yourself” PLA.
Read MoreYour Business Pricing Update - November 2008
All commodity resin prices are down and still falling, thanks to weak global demand and soft feedstock prices.
Read MoreWellman to Sell Its Engineering Resins
Wellman, Inc., Fort Mill, S.C., has signed a letter of intent to sell its Engineering Resins Div. and its entire Johnsonville, S.C., manufacturing facility to an investor group of three private-equity firms.
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Your Business Pricing Update - October 2008
At press time in mid-October, the impact of Hurricane Ike on Gulf Coast refineries and resin plants was still being assessed.
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