Weekly News Digest 1/3/2022

Weekly Resin Report: Price erosion continues in spot resin market

The Plastics Exchange Market Update 12/24/2021

The year ahead in resin pricing

SABIC introduces new grades of Noryl PPO/PPE aimed at battery module housings

Industry group says that elevated prices likely in 2022

This Week in History

January 5, 1918: The American Cellulose and Chemical Manufacturing Company was founded. They would change their name to Celanese in 1927.

Weekly News Digest 12/27/2021

Lanxess develops new FR PA6 grade for electrical connectors

Lubrizol expands US Medical Device Design Center in CA

Teknor Apex adds new co-extrusion line for R&D

Japanese University develops new TPE material

Total Corbian to rebrand as TotalEnergies Corbian

Fire at ExxonMobil Baytown TX plant injures 4

Formosa faces new fines for Texas pellet pollution

TotalEnergies and Plastic Omnium to develop recycled materials for auto industry

This Week In History

January 1, 1960: DuPont launches Delrin POM

Weekly News Digest December 20, 2021

Weekly Resin Report: Pricing power now in hands of processors

The Plastics Exchange Market Update 12/10/2021

Mixed pricing outlook for volume resins

Huntsman develops new TPU to replace EVA for footwear applications

ExxonMobil announces PE price increase for January

Chevron Phillips to begin construction of new PP plant in Baytown TX

LyondellBasell, Equistar & Dow plan to increase PE prices in January

Westlake also announces PE increase

Weekly News Digest December 13, 2021

Weekly Resin Report: Significant price relief for processors in Q4

The Plastics Exchange Market Update 12/3/2021

Ascend acquires Japanese compounder DM Color Mexicana

Celanese completes acquisition of Santoprene brand from ExxonMobil

Kraiburg TPE introduces TPE grades for drinking water applications

Braskem shuts down PP plant in LaPorte TX after leak discovered

Bamberger becomes authorized distributor for entire SABIC product line

European polymer prices soar

This Week in History

December 12, 1846: Eugen Baumann, who is credited with inventing PVC was born

December 15, 1939: Commercial production of Nylon 66 begins at a DuPont plant in Seaford Delaware

Weekly News Digest November 29, 2021

Weekly Resin Report: Buyers in holding pattern, anticipating lower prices

The Plastics Exchange Market Update 11/19/2021

Solvay launches new Amodel grades for automotive applications

Arkema launches new high rigidity nylon 11 grade for medical applications

Bamberger Polymers acquires Texas based consulting firm, Kolm Polymers

Kraiburg TPE adds new grades for food contact applications

SABIC introduces new statically conductive grades that meet EU explosive atmospheres regulations

Lanxess introduces new heat stable orange dye for nylon, PC & PPS

This Week in History

November 30, 2011: INEOS and BASF form joint venture to produce styrenic materials. The company will be called Styrolution.

Weekly News Digest November 22, 2021

Weekly Resin Report: Some sourcing challenges remain for processors

The Plastics Exchange Market Update 11/12/2021

PolyPlastics introduces 2 new grades of PET suitable for automotive exterior parts

SABIC launches new PC/ABS aimed at reducing “buzz-squeak-rattle” noise in automotive applications

Opinion: PET pricing relief unlikely for 2022

ADNOC and Borealis expanding middle east polyolefin capacity

As PP and PE prices drop, other polymers see price increases

ADNOC and AD Ports to develop new shipping port for chemicals hub in UAE

This Week in History

11/28/1837: John Wesley Hyatt, the inventor of the injection molding machine was born Starkey NY

Weekly News Digest November 15, 2021

Weekly Resin Report: Market fundamentals push resin prices lower

The Plastics Exchange Market Update 11/5/2021

Covestro launches new FR PC and PC Alloy grades for medical devices

SABIC introduces new PEI resins for electronics applications

Trinseo outlines plans to divest styrenics business

ExxonMobil moving ahead on petrochemical complex in China

LyondellBasell declares force majeure on some grades of PP

Lanxess to make high performance materials business a separate legal entity

This Week In History

November 17, 2014: Styrolution becomes wholly owned by INEOS and changes name to INEOS Styrolution

November 18, 1998: Hoechst AG announces that it is spinning off Celanese. 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 8, 2021

Weekly Resin Report: Pricing power is now in the hands of processors

The Plastics Exchange Market Update 10/29/2021

PE, PP, PS prices heading down

DuPont considering divesting from engineering materials

Cabot hikes prices on carbon black products

Avient introduces new heat stabilized and toughened PPA grade

Koch Industries transfers PP business from Flint Hills to INVISTA, both owned by Koch

Chevron Phillips declares force majeure on HDPE from Old Ocean facility in Sweeny TX

Millikin & Company launches new DeltaFlow additive which increases the melt flow in recycled PP

Chroma Color Corp acquires German color concentrate manufacturer, J. Meyer & Sons, Inc.

Weekly News Digest November 1, 2021

Weekly Resin Report: Double-digit decline forecast for polypropylene contracts

The Plastics Exchange Market Update 10/22/2021

New conductive carbon black developed for wire and cable

Kraiburg TPE introduces new TPEs for dental mouthpieces

SABIC completes updates to its PC production equipment at Mt Vernon IN plant

Ampacet introduces new translucent colors aimed at PET and clarified PP packaging

This Week In History

11/1/1985: The 1985 Chevrolet Cavalier was launched. This was the first vehicle to have front and rear bumper fascias molded from TPO. The material was Himont ETA3041.

11/4/1986: Hoechst AG of West Germany acquired Celanese Corporation of America to form the worlds largest chemical company which would be called Hoechst Celanese.