Go to Video Section

Material Insights: Nov. 19, 2012

Published: November 19, 2012 6:00 am ET
Updated: November 19, 2012 12:00 am ET

Indorama Ventures Public Co. Ltd.’s plan to build a new PET resin plant in the U.S. is featured in this week’s Material Insights video. Bangkok-based Indorama hasn’t disclosed the location of the new plant, which would have 1.2 billion pounds of annual capacity. Market sources said it could be put in Decatur, Ala. where Indorama already has a PET plant or in Cooper River, S.C., where PTA feedstock is available. The resignation of Ferro Corp. CEO James Kirsch also is featured in this week’s video. Kirsch resigned shortly after the firm reported a third-quarter loss of more than $300 million, mainly due to a downturn in the solar market. Ferro’s plastics unit, however, has done well this year, with nine-month profit increasing 60 percent to more than $12 million. The video wraps up with news that PFB Corp.’s proposed acquisition of the performance styrenics business of Nova Chemicals Corp. has been called off. The deal would have made building products maker PFB a much larger company, adding about $330 million in annual sales to its own annual sales total of only $90 million.

Market Reports

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

Plastics Recycling Market Review & Outlook 2014

This special report from Plastics News examines the North American plastics recycling industry and provides insight into indicators that impact market viability, including Resin pricing trends for virgin and recycled market material and historical Resin production trends for post- consumer and industrial waste.

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

Upcoming Plastics News Events

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

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

More Events