Weekly News Digest: December 11, 2023

Monthly Resin Report: Destocking finally runs its course

Resin Price Report: Buyers go meh, as end of year nears

The Plastics Exchange Market Update: December 1, 2023

FDA investigates failure-prone plastic syringes made in China

PP prices down in Europe

The fantasy and reality of raw material shelf life: Part 1

GEON acquires Polymax TPE

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 DuPont’s plant in Seaford Delaware.

Weekly New Digest: December 4, 2023

The Plastics Exchange Market Update: November 24, 2023

Plastic pipe market poised for 3% annual growth

1948 Cadillac with first acrylic taillight lens enters SPE hall of fame

PP spot prices tumble in Europe

DuPont settle with State of Ohio over PFAS-related claims

LyondellBasell establishes new distribution hub in the UK

INEOS Styrolution opens new ABS plant in China

Kraiburg introduces new TPEs for smartwatch straps

DOMO’s Jiaxing plant received UL certification for PA66 and PPA

GEON Performance Solutions buys Polymax TPE

This Week in History

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

December 9, 1908: William Edward Hanford was born. He co-patented the process for manufacturing TPU while working at DuPont

Weekly News Digest: November 27, 2023

Resin Price Report: Weak demand, lower prices

The Plastics Exchange Market Update: November 17, 2023

The 1st acrylic taillight lens was used on 1948 Cadillac models. Entered into SPE automotive hall of fame

PVC prices higher in Asia

Hexpol acquires TPE compounder, Star Thermoplastics

Prices flat for PE, PVC, up for PP, PS, down for PET

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 joint venture to produce styrenics called Styrolution.

Weekly News Digest: November 20, 2023

Resin Price Report: PE price increase on shaky grounds

The Plastics Exchange Market Update: November 10, 2023

Court overturns Canadian classification of some plastics as toxic

Covestro forges strategic partnerships with carmakers in China

Polyplastics develops new technology to predict sink marks in molded components

LLDPE prices plunge in Europe

Coperion develops more energy efficient process for manufacturing ABS blends

Nexeo to distribute Asahi-Kasei M-PPE resins in North America

LyondellBasell launches new branding and new logo

New Oriental Energy PP plant in China to use catalyst technology from W.R. Grace & Company

Formerra acquires Mexican distributor Suminstro de Especialidades

TekniPlex Healthcare introduces new antimicrobial PVC and TPE grades for medical applications

Flexicon develops new “bulk bag conditioner” for breaking up clumpy materials that are in super-saks

Weekly News Digest: November 13, 2023

Resin Price Report: Rise in PGP contract prices has ripple effect on PP

The Plastics Exchange Market Update: November 3, 2023

Monthly Resin Report: Fresh signals of economic distress

Celanese launches new nylon grades for EV applications

LG Chemical develops new ultra flame retardant materials

PP prices drift lower in Europe

Indian Oil selects LyondellBasell’s process tech for new PE plant

PP prices continue to climb higher

Borealis and TotalEnergies start up new Baystar JV PE plant

Plastic Industry Association unveils NPE2024 education program

This Week in History

November 17, 2014: Styrolution becomes wholly owned by INEOS and changes its name to INEOS Styrolution. Styrolution was originally a joint venture between BASF and INEOS.

November 18, 1998: Hoechst AG announces that 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 6, 2023

Resin Price Report: Demand remains strong, despite high interest rates

The Plastics Exchange Market Update: November

Kraiburg TPE develops non cross-linking TPE’s for hot water contact applications

LLDPE prices edge lower in Europe

DuPont completes sale of majority of Delrin business to Private Equity Fund

Lubrizol and Grasim Industries break ground on new CPVC plant in India

Borealis acquires Italian recycler/compounder Rialti

Weekly News Digest: October 30, 2023

Resin Price Report: Producers looking for third straight PE price hike

The Plastics Exchange Market Update: October 20, 2023

SABIC debuts polycarbonates with elevated PCR content

Kraiburg adds bio-based TPEs to portfolio

HDPE prices increase in Europe

LyondellBasell launches new line of translucent PP compounds for automotive applications

Evonik introduces three block copolymers for parenteral drug delivery applications

Polyamides: A 2023 review of trends and innovations

Elix develops ABS for light blocking in appliance control panels

Victrex launches PPEK based material for pharmaceutical applications

Spot PP prices continue to run higher

This Week in History

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

November 1, 1984: The model year 1985 Chevrolet Cavalier becomes the first vehicle to have front and rear bumper facias made from TPO. The material was Himont ETA3041.

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

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

Weekly News Digest: October 23, 2023

Resin Price Report: Low-ball bids wane, as processors adjust to market up cycle

The Plastics Exchange Market Update: October 13, 2023

Kraiberg develops new non-crosslinking TPE’s that meet new EU requirements for hot water contact

HDPE prices mixed in Europe

Avient expands its XLPE portfolio with new DBDPE free FR grades

Solvay launches new line of long glass PPAs for battery applications

DOMO Chemicals shows new polyamide products at Fakuma show

Spot PP prices continue to run higher

Prices up for PE, PP, PS, flat for PVC, PET

Ampacet develops new anti-microbial masterbatch additive

This Week in History

October 24, 1911: Nathanial C Wyeth who would go on to patent 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, and replaced with the Celanese company name. 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 16, 2023

Resin Price Report: Spot resin market explodes at start of 4th quarter

The Plastics Exchange Market Update: October 6, 2023

Monthly Resin Report: Strong sales, feedstock costs push up contract prices

Portuguese compounder, Cabopol, set to open compounding plant in Mexico

Plaskolite set to acquire sheet manufacturer Vycom

BASF divests expanded PP foam business

Covestro breaks ground on TPU plant in China

PP prices increase in Europe

EPA’s new rule mandates manufacturers to disclose presence of PFAS

Weekly News Digest: October 9, 2023

The Plastics Exchange Market Update: September 29, 2023

Bayport Polymers to double PE production at Pasedena TX plant

HDPE prices increase in Europe

Polyplastics launches new Sarpek line of PEK resins

Corpus Christi Polymers pauses construction of its integrated PTA-PET plant

Solvay launches new PPS grades produced with recycled glass fiber

Dow launches 2 new recycled grades of Surlyn Ionomer