Weekly News Digest April 25, 2022

Weekly Resin Report: Commodity resin pricing on upward trajectory

The Plastics Exchange Market Update: April 15,2022

LyondellBasell plans to exit refining business

Avient to acquire DSM’s protective materials business

Nexeo to open distribution facility in Costa Rica

Material prices increase sharply in Europe

Opinion: Get used to higher recycled plastic prices

Kraiburg offering recycled content TPE’s that are automotive approved

Opinion: My top three prizes for most irritating plastic packaging

This Week in History

April 25, 1961: Ravago Plastics is founded in Belgium.

April 27, 1896: Wallace Carothers who is credited with inventing nylon was born in Berlington Iowa.

April 29, 1937: Wallace Carothers committed suicide at the age of 41 by ingesting cyanide. He had sadly battled mental health issues for his entire life.

Weekly News Digest April 18, 2022

The Plastics Exchange Market Update: April 8, 2022

Inflation pressures weigh on plastics supply chain

ExxonMobil plans to take Jurong Island Singapore PP cracker offline

Ascend to acquire Indian compounder Formulated Polymers

Quantix to announce additional railcar surcharge

Several North American resin producers announce May price increases

This Week in History

April 21, 1801: E.I. Dupont DeNemours and Company founded in Wilmington Delaware

April 22, 1987: GE Plastics trademars Noryl GTX

Weekly News Digest April 11, 2022

Weekly Resin Report: Fresh April price increases on the table

The Plastics Exchange Market Update 4/1/22

ExxonMobil introduces new film grade PE’s that promise easier processing and better performance

Polyplastics introduces new POM grades for medical applications

M. Holland launches new product line aimed at medical packaging

Celanese and Mitsubishi complete restructuring of joint venture, Korea Engineering Plastics

ExxonMobil announces PP price increase for May

TotalEnergies announces PP price increase for May

Perstorp plans to double carbonylic acid production

Weekly News Digest April 4, 2022

Weekly Resin Report: Prices remain high despite packed warehouses and few export opportunities for producers

The Plastics Exchange Market Update: March 25, 2022

Avient launches high temp colorants for medical applications

LyondellBasell declares force majeure on Equistar PP grades made at Lake Charles LA plant

INEOS declares force majeure on PP after power outage at its Carson CA plant

New tradeshow PTXPO wraps up in Rosemont IL

This Week in History

April 6, 1865: BASF (Badishe Anilin Und Soda Fabrik) was founded in Germany

Weekly News Digest March 21, 2022

The Plastics Exchange Market Update, March 11, 2022

Polyplastics to construct new POM plant in China

Bulk transport company Quantix to impose surcharge on rail cars due to rail congestion

Solvay to separate into 2 independent companies

DL Chemical completes acquisition of Kraton

Opinion: What happened the last time oil markets went crazy?

This Week in History

March 22, 1949: A patent was issued on PET fiber to John Rex Whinfield and James Tennant Dickson

March 23, 1881: Hermann Stoudinger, who first characterized macromolecules as polymers was born. He would win the Nobel Prize for Chemistry in 1953

March 26, 1956: Polypropylene was patented by J. Paul Hogan at Phillips Petroleum

March 27, 1933: Polyethylene was discovered by accident at Imperial Chemical Industries (ICI) in Northwich England

Weekly News Update March 14, 2022

Weekly Resin Report: Demand surges, prices rise as war in Ukraine and sanctions take their toll

The Plastics Exchange Market Update March 4, 2022

BASF and Covestro expanding production in India

Lubrizol develops TPU for synthetic leather applications

Kraton Polymers announces April 1 price increase

Kraiburg TPE introduces new grades with 40% recycled content

Polyplastics develops new PP material reinforced with regenerated cellulose fiber

This Week in History

March 14, 1876: Otto Rohm was born in Ohringen Germany. He was a chemist who was instrumental in the development of acrylic, was one of the founders of Rohm & Haas Company and would register the trade name Plexiglass.

Weekly News Digest March 7, 2022

Weekly Resin Report: Sellers slow-walk sales in anticipation of more price hikes ahead

The Plastics Exchange Market Update 2/25/22

Global sanctions on Russia likely to shake up resin trade

The Compound Company acquires Exxelor additive line from Esso

Exhibitors’ NPE2021 fees will be applied to space at NPE2024

Covestro starts up PC compounding lines at new plant in India

Solvay wants to boost its sulfone polymers business in the US

Borouge successfully starts up new PP plant in the UAE

Key US shipping ports continue to see record activity in January

INEOS Aromatics sinks millions into updating Indonesian PTA plant

Indorama ventures reports record 2021 sales

Plastics Technology magazine launches new industry trade show to run in NPE off years

Weekly News Digest February 28, 2022

Weekly Resin Report: Supply-chain issues continue to snarl activity

The Plastics Exchange Market Update 2/18/2022

DSM to increase engineering material capacity in China

International Bottled Water Association wants end to PET import duties

Solvay to increase PSU capacity in US

Explosion at Mitsubishi PET plant in Indonesia injures 6

Explosion at Marathon Louisiana PGP plant injures 5

This Week in History

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

March 5, 1963: The Hula Hoop was patented. It was made of HDPE from Phillips Petroleum