Weekly News Digest 12/7/2020

Weekly Resin Report: Traditional December discounts may not materialize

The Plastics Exchange Market Update 11/27/20

Prices for PP and PS continue to increase

US PET bottle recycling rate drops in 2019

SABIC introduces two new radar absorbing materials based on PBT

BASF also introduces PBT with radar absorbing properties

SABIC expands portfolio of post-consumer recycled compounds

Sinochem to compound Elix materials in China

Trinseo opens TPU plant in Taiwan

Braskem forced to halt operations at Mexican PE plant as Government cuts gas supply

Formosa opens new LDPE plant in Point Comfort TX (I am not sure what the picture has to do with the story)

INEOS acquires Sasol’s share of PE plant in LaPorte TX

LyondellBasell launches new PP for melt-blown fabric applications

This week in History

On 11/30/2011, INEOS and BASF form a joint venture to produce styrenics. The new company is called Styrolution.

On 12/7/1909, Leo Baekland patents Bakelite phenolic resin which becomes the worlds first commercial synthetic plastic.

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