Weekly News Digest August 30, 2021

Total Energies ends force majeure on PP from Laporte TX plant

Tropical storm Ida heads into gulf, may turn into hurricane

PolyPlastics declares force majeure on materials made in Malaysia (behind paywall)

Private equity fund, Akoya buys Star Plastics (behind paywall)

This Week in History

August 30, 1956: Material Distributor, M. Holland founded

August 31, 2000: PolyOne was founded from the consolidation of M.A. Hanna Company and The Geon Company

Weekly News Digest August 23, 2021

Weekly Resin Report: Sizable price decline may be on the horizon

The Plastics Exchange Market Update August 13, 2021

Major Chinese shipping port closed due to covid outbreak to cause shipping delays

ExxonMobil discontinues polypropylene sales allocation

Resin markets keeping an eye on Hurricane Grace in Mexico

Indorama declares force majeure at Brazil PET plant

North American resin suppliers seeking PE increase for September

Avient introduces 2 new TPE grades that made from reclaimed PVB from automotive windshields

Rowa Masterbatch develops carbon black color concentrate from pyrolyzed tires

Toray to add new transparent ABS capacity with new plant in Malaysia

US requires full environmental impact statement on Formosa’s petrochemical complex in St James Parish LA.


Resin markets nearing inflection point

Weekly News Digest August 9, 2021

Weekly Resin Report: Spot prices mixed as July drew to a close

The Plastics Exchange Market Update 7-30-2021

Lanxess completes purchase of chemical manufacturer, Emerald Kalama Chemical

Evonik acquires German biomaterial manufacturer JeNaCell

SABIC launches new glass fiber reinforced PBT grades aimed at next generation radar units

LyondellBasell opening its polymers and olefins units in LaPorte TX after acetic acid leak

LyondellBasell Lake Charles LA PP production lines back up after lightning strike

LyondellBasell lifts force majeure on PP from its Bayport TX facility which has been closed since the February winter storm

SABIC to launch circular PCR based polycarbonate

Weekly News Digest August 2, 2021

Additives manufacturer, SI Group to sell Industrial Resins to ASK Chemicals

Conventus Polymers moves HQ to larger facility

Covestro sells it share in Pearl Covestro Polyurethane Systems FZCO

SABIC & ExxonMobil JV PE plant to begin production in the 4th quarter

Solvay launches new PEEK grade designed for brake systems and electronic pump components

Avient launches new PREPERM grades for 5g wireless applications

TotalEnergies to partially exit PP force majeure at LaPorte Texas plant

LyondellBasell investigating chemical leak at LaPorte Texas plant that caused fatalities

PP recycler, PureCycle plans new plant in Augusta Georgia

This Week In History

August 7, 1919: J. Paul Hogan, a chemist at Phillips Petroleum and the inventor of polypropylene was born.