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.

Weekly News Digest October 25, 2021

Weekly Resin Report: It’s becoming a buyers market

The Plastics Exchange Market Update 10/15/2021

Opinion: PP and PE prices should be at the beginning of a long decline

SABIC starts up new PP compounding line at Belgium plant

Scientists develop self-healing material for smart phone screens

Lanxess develops cost-effective PA66 with outstanding flame resistance

Dow PE plant in St. Charles LA back on line

Dow CEO expects plastic prices of moderate with improved volumes

This Week in History

10/25/2013: Celanese announces that the Ticona company name will be removed from it’s polymer products, such as Celcon brand acetal. The products will branded as Celanese products going forward. Ticona was formed in 1963 as a joint venture between Celanese Corporation of America and Hoechst AG.

10/27/1938: DuPont officially unveils a new product called “Nylon” to the public

Weekly News Digest October 11, 2021

SABIC adds PP compounding line in Belgium

PolyQuest acquires recycled PET distributor Faith Group

Asahi Kasei introduces new FR PA66 with superior surface quality

Kraiburg to launch new TPE grade for Asian medical market

ExxonMobil introduces new line of LDPE for packaging applications

Baystar bringing resin unit back online after maintenance

Shortages drive European PVC prices to record highs

Weekly News Digest October 4, 2021

Weekly Resin Report: As prices slide, tipping point may be at hand

The Plastics Exchange Market Update 9/24/2021

Mixed pricing outlook for volume resins

Kraiburg TPE introduces new “smooth touch” TPEs

Teknor Apex adds compounding capacity in Germany

Smith & Wesson is moving HQ from Massachusetts to Tennessee

Korean chemical company, DL Chemical to acquire Kraton Corporation

Russian petrochemical merger will create global polyolefin powerhouse

Explosion at Westlake ethylene plant is under investigation

ExxonMobil to continue LLDPE allocation

LyondellBasell withdrawing planned $.05 increase for PP and PE for September

Weekly News Digest September 27, 2021

Weekly Resin Report: Spot resin prices ease as supply ramps up

The Plastics Exchange Market Update 9/17/2021

Ineos announces $.05/lb increase on PP for September

Evonik develops new osteo-conductive PEEK for intervertebral implants

Ascend develops new nylon fabric embedded with zinc ions that offers protection from viruses

New “molecular glue” permanently bonds to any plastic

PolyPlastics develops new test method to identify and prevent gas burns during injection molding

Lanxess develops new flame retardant nylon 6 grade that meets tougher glow wire test methods

SABIC/ExxonMobil JV ethane cracker on track to start up in 4th quarter 2021