Sandy impacts materials market

By Frank Esposito
Senior Staff Reporter

Published: November 5, 2012 6:00 am ET

Plastics News senior reporter Frank Esposito

Related to this story

Topics Materials, Suppliers

AKRON, OHIO (Nov. 5, 12:55 p.m. ET) — A look at the impact of Hurricane Sandy on the North American materials market is featured in this week’s Material Insights video.

The impact of the storm — which hit the U.S. East Coast on Oct. 29 — wasn’t as bad as initially feared. The primary effect was the temporary shutdown of a pair of polypropylene resin plants — one operated by Braskem Americas in Marcus Hook, Pa., and one by Phillips 66 in Linden, N.J. As of Nov. 2, both plants had power restored, but had yet to re-start resin production.

An exclusive interview with top officials at PolyOne Corp. and Spartech Corp. also is featured in this week’s video. Plastics News interviewed Spartech President and CEO Victoria Holt and PolyOne Vice President of Corporate Marketing Julie McAlindon at the pack Expo International trade show in Chicago, shortly after compounding leader PolyOne announced it had acquired sheet leader Spartech.

The video wraps up with news of a pair of materials-related expansion in the U.S. Bioplastics maker Meredian Inc. officially opened a 30 million pound per-year capacity plant in Bainbridge, Ga., making bioplastics based on oils from soybeans, cottonseed or corn. In Wallingford, Conn., BYK USA — a unit of German firm Alanta AG — will spend almost $50 million to build a plant making plastic additives and color-measurement instruments.

Player adds pre-roll mathelin bay ad, to single-video player. For use on PN article embedding.

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.

—>


Comments

Sandy impacts materials market

By Frank Esposito
Senior Staff Reporter

Published: November 5, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Bayer spinning off plastics business

September 18, 2014 8:49 am ET

Bayer AG will spin off its MaterialScience plastics group into a separate, publicly-traded company within the next 12 to 18 months.    More

Image

Investor group wants DuPont to split in two

September 18, 2014 7:37 pm ET

Investment firm Trian Fund Management LP is calling for plastics and chemicals giant DuPont Co. to split itself into two firms, one of which would...    More

Image

Minnesota receives grant to help develop new bioplastics

September 17, 2014 4:08 pm ET

The University of Minnesota has received a $20 million grant to fund the development of new types of bioplastics.    More

Image

China's Polymax Elastomer launches U.S. production in Illinois

September 17, 2014 3:35 pm ET

Chinese materials maker Polymax Elastomer Technology Co. Ltd. has opened a North American production site and headquarters in Waukegan, Ill.    More

Image

PolyOne helps nonprofit get water purification to more places in need

September 17, 2014 1:59 pm ET

Resin giant PolyOne Corp. is teaming up with WaterStep, a non-profit water purification agency, to help the group assist a greater number of disaster ...    More

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