Weekly News Digest 1/18/2021

Weekly Resin Report: Polypropylene resin contracts poised to jump by double digits

The Plastics Exchange Market Update 1/8/20

Price hikes bring unpleasant surprise to resin markets in December

Federal judge dismisses challenge to Formosa’s planned Louisiana complex

Saic using paint free ASA for grill on MG branded SUV

Avient expanding color concentrates plant in Vietnam

Sentencing set for former Lucent executives on fraud charges

Weekly News Digest 1/11/2021

Weekly Resin Report: Recapping a mad, mad, mad, mad year in the resin market

The Plastics Exchange Market Update 1/1/2021

PP prices soar, Total Petrochemical fire tightens supplies even further

A wild year for resin prices ends with more changes

Volume resin prices keep rising

NPE 2021 is cancelled due to Covid-19

Ascend Performance Materials acquires French compounder Eurostar Engineering Plastics

Mitsubishi Chemical to build pilot plant to make carbon fiber reinforced materials in Japan

Ineos completes acquisition of BP’s aromatics and acetyls business

Braskem restarts idled PE plant in Mexico

The EU adopts stricter rules for plastic waste’s export and import

Opinion:

It’s past time to standardize color tolerances for plastics

This Week in History

January 17, 1977: Monsanto registers the brand name Santoprene

Weekly News Digest 12/28/2020

Weekly Resin Report: Resin prices to climb

The Plastics Exchange Market Update 12/18/2020

Most resins see high prices in 2020

Founder of Research group claims that Loop Industries is “smoke and mirrors” and asks Quebec assembly not to give $100 million USD grant

Star Plastics to distribute Lati’s compounds in North America

INEOS Styrolution breaks ground on new ABS plant in China

Improved resin demand has Dow optimistic for 2021

This Week in History

DuPont Delrin acetal was introduced on January 1st, 1960

Weekly News Digest 12/21/2020

Weekly Resin Report: Spot PE, PP prices spiral higher

The Plastics Exchange Market Update 12/11/20

Prices for polypropylene and polystyrene up in November

Fresh PE price increases announced for January

New BASF Ultramid nylon grade offers excellent surface appearance

Arkema to sell PMMA business to Trinseo

Mitsubishi planning massive MMA plant in Louisiana

Huntsman buying additives maker, Gabriel

BASF completes phase 1 of Geismar MDI update

Weekly News Digest 12/14/2020

Weekly Resin Report: Spot prices for polypropylene soar

The Plastics Exchange Market Update 12/4/20

Commodity resin prices end the year mixed

Brasken PE plant in Mexico sits idle without feedstocks

Owners of Korea Engineering Plastics changing business model

FootJoy develops new spikeless golf shoe utilizing Lubrizol’s TPU

Opinion:

EVs are a risky bet

This Week in History

December 15, 1939: Production of nylon 66 begins at DuPont plant in Seaford, Delaware

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.

Weekly News Digest 11/23/2020

Weekly Resin Report: Spot PE prices for some grades inch higher

The Plastics Exchange Market Update 11/13/2020

Trelleborg launches anti-microbial system for polyurethane materials

NeoGraf Solutions announces new flame retardant package for polymers

New Jersey Government files lawsuit alleging that Solvay discharged PFAS compounds into the states waterways

Eastman Chemical is closing PVB plant in Trenton Michigan

Sasol starts production at new LDPE plant in Lake Charles LA

Japan’s Eneos to shut naphtha cracker after mechanical glitches

This Week In History

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

Weekly News Digest 11/16/2020

Weekly Resin Report: Resin inventories general remain low

The Plastics Exchange Market Update 11/6/2020

Commodity resin prices end the year mixed

Rochling Sustaplast expanding PET capacity

RTP acquires anti-scratch additive patents

Shenhua Xinjiang unexpectedly shut down it PP and PE plants due to technical glitches

Avient (formerly PolyOne) launches new line of materials to replace painted metal

Evonik completes first plant of new nylon 12 complex in Germany

This Week in History:

This is a new section that I am going to be adding each week to highlight historical events in the plastics business

11/17/2014: Styrolution become wholly owned by INEOS and changes name to INEOS Styrolution

11/19/1872: The injection molding machine is patented by John Wesley Hyatt

Weekly News Digest 11/9/2020

Mitsubishi launches new low odor and low mold deposit grades of acetal

New foaming agent micro-spheres help foam TPE’s and TPU’s

Army Corps of Engineers reviewing permits for Formosa project in Louisiana

IHS Markit sees PE over-supply coming

Solvay renews materials deal with Boeing

Lotte LLDPE plant in Indonesia goes down for maintenance

Kraiburg TPE develops new grades for pharmaceutical packaging

Weekly News Digest 11/2/2020

Weekly Resin Report: PE demand ebbs as buyers anticipate lower prices ahead

The Plastics Exchange Market Update 10/23/20

October prices up for PVC and PET

Altair launches database for material simulation data

SABIC launches new grade of Elcres polycarbonate copolymer for medical applications

Additive manufacturer, Mayzo acquires Bio Accutech

Dow introduces first recycled material for shrink film

Matrix Plastics Limited opens new compounding plant for medical grades

Saudi Aramco raising contract prices for propane to Asia for November

India opening anti-dumping investigation on imported LDPE from 6 countries

Avient introduces new Trilliant HC flame retardant materials for medical applications