Month: February 2022

Weekly Resin Report: Supply-chain issues continue to snarl activity

The Plastics Exchange Market Update 2/18/2022

DSM to increase engineering material capacity in China

International Bottled Water Association wants end to PET import duties

Solvay to increase PSU capacity in US

Explosion at Mitsubishi PET plant in Indonesia injures 6

Explosion at Marathon Louisiana PGP plant injures 5

This Week in History

February 28, 1935: Wallace Carothers at DuPont invents nylon 66

March 5, 1963: The Hula Hoop was patented. It was made of HDPE from Phillips Petroleum

Weekly Resin Report: Events in Canada add to supply chain woes

The Plastics Exchange Market Update 2/11/2022

Star Plastics adds new compounding line

Dow reducing February PE price increases

Celanese to buy DuPont’s engineering materials and elastomers business

Delrin POM not included in the deal but they are also looking to sell that off

This Week in History

February 27, 1856: German chemist Alfred Einhorn was born. He is thought to have accidentally discovered polycarbonate in a laboratory in 1898. He also invented Novacain.

Weekly Resin Report: Processors bet on further price cuts in vain

The Plastics Exchange Market Update 2/4/2022

INEOS Styrolution starts ABS production at Wingles France facility

BASF expands its PA and PPA offerings in Europe

Bad weather in Texas disrupts production at several resin plants

TotalEnergies aims for mid 2022 startup for ethane cracker and PE plant in Port Arthur TX

This Week in History

February 16, 1901: John Rex Whinfield, who patented PET fiber in 1949 was born.

February 20, 1987: US regulators approve acquisition of Celanese Corporation of America by West German company Hoechst AG.

Weekly Resin Report: Processors eager to make deals, sensing looming price hikes

The Plastics Exchange Market Update 1/28/2022

MIT develops new polymer that is twice as strong as steel

Solvay expanding PVDF capacity at French plant

Arkema increasing PVDF capacity in China

DOMO makes Technyl brand nylon available to global customers

ExxonMobil to increase resin production in 2022

Texas power grid expected to see high demand during extreme cold

TotalEnergies to add logistics surcharge to all of its products

Shell plans to startup its massive chemical complex in PA this year

This Week in History

February 11, 1942: DuPont stops producing nylon stockings and transitions to parachute production for the WWII.