Weekly News Digest 6/28/2021

Weekly Resin Report: Domestic prime resin in scarce supply

The Plastics Exchange Market Update: June 18, 2021

LyondellBasell declares force majeure on LLDPE following equipment failure at it’s Laporte TX plant

ExxonMobil to raise PE prices for July

Polymer market volumes down in May

Will material prices stabilize?

Resin prices reflect rising demand, limited supply (behind paywall)

Celanese to acquire Poland’s Grupa Azoty acetal business

Indorama acquires CarbonLite PET Recycling assets at bankruptcy auction

Carbios produces a PET bottle made from enzymatically recycled material

Avient introduces new grades that hold better to disinfectants

Lego testing bricks made out of recycled PET

Teknor Apex adds warehousing and sales in Japan

BASF gets expanded food contact approval for its inorganic (non-carbon black) black pigment

INEOS Styrolution launches new PCR polystyrene grade

Weekly News Digest 6/21/2021

Weekly Resin Report: Producers eye June price increases

The Plastics Exchange Market Update June 11, 2021

Two US Petrochemical producers declare force majeure

July PE contract price increases announced

Resin prices up in May (behind paywall)

US producers face challenges from weather and electric grid concerns

Mitsubishi adding new KyronMax products for metal replacement applications

Avient and Oceanworks collaborate to sell recovered ocean and “ocean bound” plastic materials

Opinion

Plastics industry must speak with united voice to counter anti-plastic messaging

Weekly News Digest 6/14/2021

Weekly Resin Report: Unprecedented shortfall maintains pricing pressure

The Plastics Exchange Market Update 6/4/2021

Evonik partners with Stanford University on polymer based drug delivery

New TPE based wine corks look like natural corks

PET distributor, PolyQuest begins construction on new facility in SC

Thermoplastics market expects healthy 6% growth this decade

Company installs acrylic swimming pool suspended 115 feet in the air in London

Ascend expands nylon production to meet growing demand

Covestro develops TPU for high-speed signal transmission for 5G devices

Mitsubishi unveils new POM grades for medical device applications

Swedish compounder Polykemi building compounding plants in the US and China

This Week In History

June 17, 1988: Borg Warner announces sale of chemical division, including Cycolac ABS, to GE Plastics.

Weekly News Digest June 7, 2021

Weekly Resin Report: Flurry of trading activity closes the month

The Plastics Exchange Market Update May 28, 2021

Resin pricing rockets up in May (behind paywall)

Propylene monomer prices surge

Biden admin discussing a 3 year ban on permitting for new plastic material production plants

Nexeo Plastics acquires Italian resin distributor Nevicolor

Resin distributor BARplast opens in Texas (behind paywall)

Solvay employee accuses firm of sharing customer info with China (behind paywall)

Prime Polymer to build new PP plant in Japan

UL recognizes Teknor Apex’s low smoke FR compounds as halogen free

Opinion:

If you think plant based polymers are better for the planet, you’re barking up the wrong tree

Weekly News Digest May 31, 2021

Weekly Resin Report: Fasten your seatbelts, hurricane season is coming

The Plastics Exchange Market Update 5/21/2021

Arkema to acquire Italian compounder Agiplast

Demand continues to hit PE, PVC resin prices (behind paywall)

LyondellBasell clarifies PP pricing for May and June

Opinion:

Science should be the bottom line for the plastics industry

This Week in History

June 2, 1947: Earl Tupper patents a plastic resealable container

Weekly News Digest May 17, 2021

Weekly Resin Report: Demand rises to start the month and so does pricing

The Plastics Exchange Market Update 5/7/2021

Commodity resin prices keep on climbing

Upbeat Lanxess raises forecast (behind paywall)

No injuries reported after 2nd fire in 5 days at Ascend plant in Florida

Avient launches new TPE grades with anti-microbial technology

This Week in History

May 21, 2007: GE announces that is selling it’s plastics division to SABIC

Weekly News Digest May 10, 2021

Supply shortfall continues in PP even as prices ease (behind paywall)

CP Chem to add PE feedstock capacity (behind paywall)

No injuries reported after fire at Florida Ascend plant (behind paywall)

Trinseo completes acquisition of Arkema’s PMMA business

Researchers develop microcapsules filled with lubricants for self-lubricating plastics

DSM launches new grades for medical devices

BASF PPSU grade used to make new baby bottles

This week in History

May 15, 1940: The first nylon stockings, manufactured from DuPont nylon 66, were shipped to retail stores.

Weekly News Digest May 3, 2021

Weekly Resin Report: Buyers drag feet, hoping price relief is in pipeline

The Plastics Exchange Market Update April 23, 2021

PE, PVC, PS resin prices continue to rise (behind paywall)

European resin prices rise to record highs

Compounder, Foster Corp inks sales agreement with Drake Medical

DSM debuts portfolio of medical grade materials

Nova declares force majeure on PE after mechanical issue at Ontario facility

DOMO launches PA66 grade for laser welding

Solvay launches new PPA grades for metal replacement applications