Weekly News Digest: December 2, 2024

Global ABS market under pressure from oversupply and tepid demand in November

PVC prices mixed in Asia

Syensqo expands polymer production in US

Kraiburg and Dranckrazy collaborate to improve fishing lure performance using TPE

Star Thermoplastics to become Hexpol TPE Americas

INEOS Styrolution to close ABS production at Addyston OH facility

This Week in History

December 7, 1909: Leo Baekland patents Bakelite phenolic resin which becomes the world’s first commercial synthetic plastic.

Weekly News Digest: November 25, 2024

The Plastics Exchange Market Update: 11/15/2024

Syensqo expands polysulphone production in Ohio

Graphene gives PET bottles a lightweighting boost and more

EPDM rubber prices surge in Mid-November

PVC prices continue downward spiral in Asia

EVA prices weaken in November

Lotte Chemical to suspend operations at Pakistan plant for maintenance

LLDPE prices lower in Europe

INEOS Styrolution launches extrusion grade ABS for furniture edge-band applications

Hexpol TPE launches new grades for multi-component medical applications

Prices drop for all five commodity resins

This Week in History

November 28, 1837: John Wesley Hyatt, the inventor of the injection molding machine was born in Starkey NY.

November 30, 2011: INEOS and BASF form a joint venture to produce styrenics called Styrolution.

Weekly News Digest: November 18, 2024

Resin Price Report: Rare price drop for PE contracts

The Plastics Exchange Market Update: 11/8/2024

Geon adds TPE production line in Mexico

Rhoem Materials eyes commercial-scale production of bio-based leather alternative

HDPE bottles market sees growth

Avient unveils pre-colored PEEK for medical applications

SABIC opens new Ultem plant in Singapore

Trinseo to license PC technology to Deepak Chem Tech Ltd.

Asian PC market faces stagnation

US and European TPE prices stabilize

Global PBT prices show mixed trends

LLDPE prices in Europe edge lower

This Week in History

November 18, 1998: Hoeschst AG announces that it is spinning off its Celanese subsidiary. The new company will be called Celanese AG.

November 19, 1872: The injection molding machine was patented by John Wesley Hyatt.

Weekly News Digest: November 11, 2024

Resin Price Report: Prices stabilize as deals flourish

The Plastics Exchange Market Update: 11/1/2024

INEOS closing Ohio ABS facility, many grades like LGA being discontinued

Nylon prices hold steady in Europe amid sluggish automotive demand

LLDPE spot prices trend higher in Europe

SABIC opens new PEI plant in Singapore

Nayara starts new PP plant in India

Plastics Technology Expo opens registration for March show in Rosemont IL

This Week in History

November 17, 2014: Styrolution becomes wholly owned by INEOS. The name is changed to INEOS Styrolution.

Weekly News Digest: November 4, 2024

Resin Price Report: Steep declines ahead for PP contracts

The Plastics Exchange Market Update: October 25, 2024

INEOS so shut down ABS plant in Ohio

LA County sues PepsiCo and Coca-Cola over plastic pollution

Global LDPE price drop in west, hold steady in Asia

Lotte Chemical to liquidate its Malaysian rubber JV

PP prices steady in Asia

Sumitomo Chemical to reduce LDPE production in Japan

Avient launches ultra-high adhesion TPEs for surface protective films

Polyplastics introduces short cellulose fiber reinforced POM grades

This Week in History

November 4, 1902: Otto Bayer (no relation to Bayer Corp) was born. He is considered to be the inventor of polurethane.

November 4, 1986: Hoechst AG acquires Celanese Corporation of America to form the world’s largest chemical company which will be called Hoechst Celanese.

Weekly News Digest: October 28, 2024

Resin Price Report: Plastics processors mount resistance to PE contract price hikes

The Plastics Exchange Market Update: October 18, 2024

US propylene price slump in October

Styrene copolymer market grows in the USA as Q4 begins

Sumitomo announces closer of two MMA and PMMA production lines

HDPE prices fall in Europe and China

ROHM expands PMMA production capacity

US PP market turns south in Mid-October

HDPE prices journey southward in Europe

DOMO introduces PA6 based WRAS-certified solutions for drinking water applications

BASF introduces PPA grade for Next-Gen IGBT semiconductor technology

SK Chemicals launches copolyester grade with improved recyclability

Prices of PP, PET drop, PE, PS and PVC to follow

This Week in History

October 30, 1956: Neal MacDonald Robert at DuPont is granted a patent for acetal homopolymer

November 1, 1984: The Chevrolet Cavalier becomes the first vehicle to have front and rear bumper fascia’s injection molded from TPO. The material was Himont ETA3041.

November 1, 2023: DuPont sells its Delrin brand acetal business to private Equity firm TJC.

Weekly News Digest: October 21, 2024

Resin Price Report: Bargains may be coming to an end

The Plastics Exchange Market Update: 10/11/2024

Evonik pulls out of non-core business, including polyolefin and polyester lines

LDPE prices increase in Asia and drop in Europe

US polystyrene market experiences recovery amidst supply chain constraints

Asian aramid fiber prices rise in September on strong demand

BASF unveils new ether-based TPU series

PP prices plunge in Europe

BASF upgrades SAP production at Texas site

Kraiburg TPE expands its range of supersoft TPEs for medical devices

TotalEnergies extends its mPE range with very low linear density polyethylene grade

Techmer PM acquires OptiColor

This Week in History

October 24, 1911: Nathanial C Wyeth, who patented the PET bottle in 1973 was born.

October 25, 2013: Celanese announces that the Ticona company name will be removed from its polymer products such as Celcon brand acetal. Ticona was formed in 1963 as a joint venture between Celanese Corporation of America and Hoechst AG.

October 27, 1938: DuPont officially unveils a new product called “Nylon” to the public.

Weekly News Digest: October 14, 2024

Resin price report: Q4 gets off to eventful start marked by strong resin trading

The Plastics Exchange Market Update: October 4, 2024

PVC price rise in October

HDPE prices plummet in Europe

Rohm chooses ALBIS to distribute PMMA & PMMI in Scandanavia and Baltic states

Celanese expands its technology center it Shanghai

Covestro invests in R&D to boost innovation centers

Polymer science for those who work with plastic-Part 1

Braskem selected to negotiate federal funding award to expand UHMWPE

Weekly News Digest: September 7, 2024

Resin Price Report: Price relied on the way

The Plastics Exchange Market Update: September 7, 2024

Port workers agree to end strike

Patient receives world’s first all plastic ankle implant

ExxonMobil is reshaping its polymers business

Trinseo to stop producing PC at Stade, Germany plant

European POM prices hold steady amid economic headwinds and weak demand

Asian ABS market struggles amid demand-supply imbalance

Ethylene prices flat in Asia

Covestro signs investment agreement with Abu Dhabi National Oil Company (ADNOC) to purchase all outstanding shares

Mitsui Chemicals to showcase UHMW-PE grades as alternative to PTFE

BASF launches new ether-based TPU grades

The Weekly News Digest: September 30, 2024

Resin Price Report: Resin market abides as storm and port strikes loom

The Plastics Exchange Market Update: 9/20/2024

Avient announces plans to expand medical TPE production capacity in China

US and Asian PC prices stable despite oversupply

Global PET prices decline amid weak demand

HDPE market faces downward pressure amid bleak demand and regional disruptions

PP prices down in Europe

SABIC to showcase materials for train interior applications at InnoTrans 2024

Prices flat to down for all volume resins