PP, PVC resin prices rose in Oct.

By Frank Esposito
Senior Staff Reporter

Published: November 12, 2012 6:00 am ET

Related to this story

Topics Materials, Suppliers

AKRON, OHIO (Nov. 12, 1:45 p.m. ET) — October price hikes for polypropylene and PVC resin in North America are featured in this week’s Material Insights video.

Prices for each material rose an average of 2 cents per pound in October, according to buyers contacted by Plastics News. Tightening supplies of both resin an propylene monomer fueled the PP hike, as did stronger demand for the material from within North America. For PVC, strong demand and higher prices for ethylene feedstock played a role, but lower export prices prevent all of a 3-cent attempt from taking hold.

A possible sale of La Seda de Barcelona’s PET plants also is featured in this week’s video. Officials with the Spanish firm said it might have to sell PET plants in Spain, Italy, Turkey and Greece if it can’t find a minority industrial partner to help develop those assets.

The video wraps up with news of a new thermoplastic polyurethane production complex being built by BASF SE in Lemfoerde, Germany. The site would encompass five new buildings and would create as many as 20 new jobs. The new plant should be making TPU by the end of 2014.

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

PP, PVC resin prices rose in Oct.

By Frank Esposito
Senior Staff Reporter

Published: November 12, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

China's Shide Group, BASF unveil 'revolutionary' all-plastic window profile

April 23, 2014 9:10 pm ET

SHANGHAI — The PVC window profile market in Asia is expected to increase four-fold by 2025, and Chinese building products maker Dalian Shide...    More

Worker dies in fall at Formosa Texas plant

April 23, 2014 4:04 pm ET

A subcontractor died April 22 after falling 25 feet during routine cleaning operations at a Formosa Plastics Corp. USA facility in Point Comfort,...    More

Image

Milliken expanding SC plant for additional PP clarifying agent capacity

April 23, 2014 3:42 pm ET

American chemical company Milliken & Co. has announced plans for a major expansion in capacity for its Millad NX8000 clarifying agent for...    More

Image

CPM Extrusion, ECON launch new line of underwater pelletizers

April 23, 2014 11:25 am ET

CPM Extrusion Group and ECON GmbH unveiled their brand new EUPC line of underwater pelletizers today at ChinaPlas held in Shanghai, China.    More

Clariant says Asia holds the key to growth

April 23, 2014 3:52 pm ET

Clariant AG is based in Switzerland, but its eyes are firmly focused further east.    More

Market Reports

Market Data Book - Rankings & Lists

A one-stop download of Plastic News' exclusive annual lists and processor rankings containing essential data including sales, employees, end markets, materials and more.
EXCLUSIVE EXCEL FEATURE: full mailing address details for available plant locations.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Mold Making and Tooling Review and Outlook 2014 North America

This report provides in-depth analysis of the mold and toolmaking market for North America, including discussions of trends, opportunities, threats, the latest developments in production and labor and equipment trends impacting moldmakers.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events