PP, PVC resin prices rose in Oct.

By Frank Esposito
Senior Staff Reporter

Published: November 12, 2012 6:00 am ET

Plastics News senior reporter Frank Esposito

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

Audacious vandal stuns Taipei Plas

September 29, 2014 4:59 pm ET

Melodrama erupted at the traditionally tranquil Taipei Plas trade show on Sept. 28 when a mysterious intruder flung red paint at the Baumüller...    More

Image

Asahi Kasei breaks ground on Alabama compounding plant

September 29, 2014 5:39 pm ET

Asahi Kasei Plastics North America will be able to solve two problems at once with a new compounding plant in Athens, Ala.    More

Image

Shini pushes into western China

September 29, 2014 4:28 pm ET

Despite intellectual-property brigands, Taiwan's Shini Plastics Technologies Inc. is zestfully pursuing the enormous Chinese market for plastics...    More

Image

DuPont shifting Teflon production in China

September 29, 2014 2:35 pm ET

DuPont Co. will spend more than $15 million to improve its fluoropolymer product offerings in China.    More

Image

Sale of PVC maker Oltchim still in limbo

September 29, 2014 10:25 am ET

Fresh attempts to privatize insolvent Romanian PVC producer Oltchim SA have met with new obstacles as the European Union questioned the Romanian gover...    More

Market Reports

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our industry analysis highlights macro industry trends and micro trends faced by companies that do business in Mexico. The report also provides key industry statistics and forecasts to anticipate future industry expansion.

Learn more

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

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

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

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

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events