Go to Video Section

Material Insights: May 14, 2011

Published: May 14, 2012 6:00 am ET
Updated: May 14, 2012 12:00 am ET

Westlake Chemical's withdrawal of its $1.2 billion bid for Georgia Gulf is featured in this week's Material Insights video. Atlanta-based Georgia Gulf had rejected the second of Houston-based Westlake's two offers on Feb. 1. Nothing further had happened until May 4, when Westlake officially pulled its offer. Westlake now will sell off the stake of almost 5 percent of Georgia Gulf's common stock that it had acquired. The deal would have created North America's second-largest PVC resin maker. PFB Corp.'s purchase of the performance styrenics business of Nova Chemicals also is featured in this week's video. Nova will receive an undisclosed equity stake in PFB in exchange for the business, which has annual sales of almost $330 million and makes expanded polystyrene and styrenic copolymers at plants in Pennsylvania and Ohio. Both Nova and PFB are based in Calgary, Alberta. This week's video wraps up with news that Ineos Group is looking for a buyer for its high density polyethylene plants in France and Italy. The plants - in Sarralbe, France, and Rosignano, Italy each have about 440 million pounds of annual capacity, but lack integration in feedstocks. Ineos acquired both plants in 2005 when it bought the Innovene business of British Petroleum.

Market Reports

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events