HARTSVILLE, S.C. (Oct. 31, 11:40 a.m. ET) — Sonoco Products Co. announced two expansions to its growing plastics packaging business this week. The newest: 18,000 square feet of space at its Waynesville, N.C., plant, where it plans to start up a new multilayer, trim-in-place thermoforming line.
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
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
U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.
Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.
Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.