Weekly News Digest October 25, 2021

Weekly Resin Report: It’s becoming a buyers market

The Plastics Exchange Market Update 10/15/2021

Opinion: PP and PE prices should be at the beginning of a long decline

SABIC starts up new PP compounding line at Belgium plant

Scientists develop self-healing material for smart phone screens

Lanxess develops cost-effective PA66 with outstanding flame resistance

Dow PE plant in St. Charles LA back on line

Dow CEO expects plastic prices of moderate with improved volumes

This Week in History

10/25/2013: Celanese announces that the Ticona company name will be removed from it’s polymer products, such as Celcon brand acetal. The products will branded as Celanese products going forward. Ticona was formed in 1963 as a joint venture between Celanese Corporation of America and Hoechst AG.

10/27/1938: DuPont officially unveils a new product called “Nylon” to the public

Weekly News Digest October 11, 2021

SABIC adds PP compounding line in Belgium

PolyQuest acquires recycled PET distributor Faith Group

Asahi Kasei introduces new FR PA66 with superior surface quality

Kraiburg to launch new TPE grade for Asian medical market

ExxonMobil introduces new line of LDPE for packaging applications

Baystar bringing resin unit back online after maintenance

Shortages drive European PVC prices to record highs

Weekly News Digest October 4, 2021

Weekly Resin Report: As prices slide, tipping point may be at hand

The Plastics Exchange Market Update 9/24/2021

Mixed pricing outlook for volume resins

Kraiburg TPE introduces new “smooth touch” TPEs

Teknor Apex adds compounding capacity in Germany

Smith & Wesson is moving HQ from Massachusetts to Tennessee

Korean chemical company, DL Chemical to acquire Kraton Corporation

Russian petrochemical merger will create global polyolefin powerhouse

Explosion at Westlake ethylene plant is under investigation

ExxonMobil to continue LLDPE allocation

LyondellBasell withdrawing planned $.05 increase for PP and PE for September

Weekly News Digest September 27, 2021

Weekly Resin Report: Spot resin prices ease as supply ramps up

The Plastics Exchange Market Update 9/17/2021

Ineos announces $.05/lb increase on PP for September

Evonik develops new osteo-conductive PEEK for intervertebral implants

Ascend develops new nylon fabric embedded with zinc ions that offers protection from viruses

New “molecular glue” permanently bonds to any plastic

PolyPlastics develops new test method to identify and prevent gas burns during injection molding

Lanxess develops new flame retardant nylon 6 grade that meets tougher glow wire test methods

SABIC/ExxonMobil JV ethane cracker on track to start up in 4th quarter 2021

Weekly News Digest September 20, 2021

Hexpol TPE building new facility in Sweden to expand TPE capacity

Evonik introduces new FR nylon 12 aimed at EV batteries

SABIC launches new grade of Noryl resin to compete against nylon

LyondellBasell Bay City, TX HDPE plant down due to Hurricane Nicholas

New paper shortage impacting the plastic resin business

Flint Hills Resources restarting Houston facility that has been down for maintenance

Mixed pricing outlook for volume resins

ADM and LG Chemical considering starting a PLA joint venture in the US

DSM considering a sale of it’s materials business

Weekly News Digest September 13, 2021

Weekly Resin Report: Trading gains momentum as prices stabilize

The Plastics Exchange Market Update, September 3, 2021

New adhesive for difficult to bond materials for medical applications

Former PolyOne executive appointed CEO of Star Plastics after acquisition

SABIC launches automotive grade resins with recycled content

Interesting article on sanitizing items made from TPE

Braskem ends force majeure on polypropylene

LyondellBasell considering sale of it’s oil refining business

Dow declares force majeure on HDPE and LLDPE from it’s St. Charles plant following Hurricane Ida

Everything’s going up, including machinery prices

Weekly News Digest September 6, 2021

Weekly Resin Report: The calm before the storm

The Plastics Exchange Market Update 8/27/2021

Hurricane Ida’s impact on the plastics supply chain may be small

Resin producers trying to restart plants after Hurricane Ida

LyondellBasell lifts force majeure on LLDPE from La Porte TX plant

Akoya Capital Partners purchase of Star Plastics is part of larger strategy

Ampacet launches new line of concentrates for medical applications

INVISTA to double nylon 66 capacity in China

Asahi Kasei to discontinue it’s clear styrenic block copolymer business

The next shortage: natural rubber

SABIC launches automotive grade resins with recycled content

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.

Opinion:

Resin markets nearing inflection point