Weekly News Digest: February 24, 2025

Resin Price Report: Domestic and export sales remain robust, despite rising prices

Pritzker Private Capital to acquire majority stake in Americhem

HDPE prices up in US, steady in Europe

LDPE prices up in Europe

This Week in History

February 25, 1928: Shi Wen Long, the founder of Chi Mei Corporation, which is the world’s largest producer of ABS was born in Tainan Taiwan

February 27, 1856: German chemist Alfred Einhorn was born. He is thought to have created polycarbonate in a laboratory in 1898. He also invented Novocain.

February 28, 1935: Wallace Carothers at DuPont invents nylon 66.

Weekly News Digest: February 17, 2025

Resin Price Report: Up, Up and Away

PP prices rise in Europe

Polyplastics launches PP/cellulose fiber composite

SABIC launches new Noryl grade aimed at paintable EV service flaps

This Week in History

February 17, 2022: DuPont announces that it will sell the majority of its materials business including Zytel nylon to Celanese.

February 20, 1987: US regulators approve acquisition of Celanese Corporation of America by West German company Hoechst AG.

Weekly News Digest: February 10, 2025

Techmer PM acquires Colors for Plastics

TPE market mixed in January

HDPE prices stable despite force majeures in multiple regions

POM prices stable yet soft in January

PP prices climb in Europe

Polymer showdown: PC/ABS vs PC/PBT

This Week in History

February 11, 1942: DuPont ceases manufacturing nylon stockings and transitions to parachute production for WWII.

February 16, 1901: John Rex Whinfield, who patented PET fiber in 1949 was born.

Weekly News Digest: February 3, 2025

Americhem develops PFAS-free lubricants for medical devices

Toray announces plans for a new plant to be built in China

Asian PC market in holding pattern

Regional PBT prices diverge, Asia surges, US and Germany stabilize

US EVA prices climb

LDPE prices up in Europe

Envalior to build new PPS compounding plant in Europe

Kraiburg develops TPE’s for Asia Pacific health care market

This Week in History

February 4, 1941: Roy J Plunkett was granted a patent for “Tetrafluoroethylene Polymers” also known as Teflon.

Weekly News Digest: January 27, 2025

A brief history of TPU

Global PET market shows stability in early 2025

Styrene prices fluctuating in China

LLDPE prices climb in Europe

Toray to make high-performance resins in Guangdong province China

SABIC launches high heat-resistant PP for water piping

Avient expands production of its recycled PA grades to Istanbul, Turkey

Prices trending upward for the five commodity resins

This Week in History

January 29, 1938: Paul Schlack at IG Farben invents nylon 6

Weekly News Digest: January 20, 2025

The Plastics Exchange Market Update: January 10, 2025

Star Plastics unveils PFAS free compounds

Acrylonitrile market stabilizes with price drop, recovery expected by March

TPE market stable in US and Europe

BASF unveils new Ultramid grade aimed at EV applications

Arkema chooses ALBIS to distribute its medical polymers

BMW to use 3D printed center console in upcoming vehicle

Geon buys medical compounder Foster Corp

Weekly News Digest: January 13, 2025

The Plastics Exchange Market Update: 1/3/2025

Geon to acquire Foster Corp

BASF to sell is Styrodur XPS insulation business to BACHL

PP prices remain stable in Europe

Covestro to expand its PC production plant in Ohio

This Week in History

January 17, 2024: Bamberger Polymers and AMCO announce merger. Both companies are owned by Ravago Group

January 17, 1977: Monsanto registers the brand name Santoprene

Weekly News Digest: January 6, 2025

Resin Price Report: Cheap resin era coming to an end

The known unknowns confronting the plastics industry in 2025

Saudi Aramco increases feedstock prices

Polyamide market holds steady

Asian PC market stabilizes

BPA market rebounds as demand for PC and epoxy increases

Prices of volume resins drop by year-end

This Week in History

January 1, 1960: DuPont Delrin acetal is introduced to the market

January 5, 1918: The American Cellulose and Chemical Manufactuing Company was founded. It would become Celanese Corporation of America in 1927

January 11, 1960: Chi Mei Corporation was founded in Taiwan

Weekly News Digest: December 23, 2024

The Plastics Exchange Market Update: 12/13/2024

Global PET prices soften

PP markets diverge in Asia

Evonik announces major restructuring

Hexpol announces production site closures to optimize operations

PP prices drop drift lower in Europe

INEOS Styrolution to sell its ABS and SAN plant in Thailand to Styrenix

SABIC launches new PC copolymer grades that offer superior chemical resistance