AKRON, OHIO (Oct. 1, 12:15 p.m. ET) — A PVC price increase that ends two months of flat pricing in North America is featured in this week’s Material Insights video.
Regional PVC prices rose an average of 3 cents per pound in September. Higher prices for ethylene-based feedstocks and stronger demand from construction markets played roles in the increases. Prices had been flat since falling a combined 7 cents per pound in May and June. PVC makers now are working on a 5-cent increase for October.
Coca-Cola Co.’s plan to build a massive PET feedstock plant in Brazil also is featured in this week’s video. The plant in Araraquara, Brazil, would make more than 1 billion pounds of bio-based monoethylene glycol each year and is expected to open in late 2014. Coke is building the plant in a partnership with JBF Industries of Mumbai, India. Coke has set a goal of having its plant bottles made 100 percent from material derived from plants.
The video wraps up with news that French firm Limagrain Céréales Ingrédients is building a plant in Pato Branco, Brazil, making bioplastic granules. The granules use biodegradable maize cereal flour as a feedstock and can be used in a variety of plastics applications.
By use of this code snippet, I agree to the Brightcove Publisher T and C
found at https://accounts.brightcove.com/en/terms-and-conditions/.
—>
This script tag will cause the Brightcove Players defined above it to be created as soon
as the line is read by the browser. If you wish to have the player instantiated only after
the rest of the HTML is processed and the page load is complete, remove the line.
—>
