PP, PET prices jumped in Nov.

By Frank Esposito
Senior Staff Reporter

Published: December 3, 2012 6:00 am ET

Plastics News senior reporter Frank Esposito

Related to this story

Topics Materials, Suppliers

AKRON, OHIO (Dec. 3, 11:45 p.m. ET) — November price increases for PP and PET bottle resin in North America are featured in this week’s Material Insights video.

Regional PP prices climbed an average of 4 cents per pound in November and now are up a total of 7 cents per pound since Sept. 1. For PET bottle resin, a 2-cent per-pound increase in November increased the three-month increase total to 9 cents. Both increases were tied into tightness and higher prices for feedstocks.

A hefty fine against specialty chemicals maker Dover Chemical Corp. also is featured in this week’s video. The Dover, Ohio-based firm has been fined $545,000 by the Occupational Safety and Health Administration for alleged safety violations at its Dover plant that makes antioxidants, flame retardants and other materials used as additives in plastics and rubber.

The video wraps up with news that DuPont Co. and Invista each are expanding their plastic research labs in Delaware. DuPont is installing a nine-layer blown film line at its lab in Wilmington, while Invista has completed a 20 percent expansion at its 60,000-square-foot applied research center lab in Newark.

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, PET prices jumped in Nov.

By Frank Esposito
Senior Staff Reporter

Published: December 3, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Investment firm specializes in emerging polymer firms in Ohio

August 21, 2014 3:20 pm ET

A plastics market veteran is working with an investment firm and a research foundation to help commercialize polymer technology in the Buckeye State.    More

Image

Bayer, SCAC partner on water reuse project

August 21, 2014 12:48 pm ET

Bayer MaterialScience (BMS) and Shanghai Chlor-Alkali Chemical Co. Ltd. (SCAC) have entered into a preliminary agreement for the reuse of waste water ...    More

Image

Milacron commits $30 million to investment in India

August 20, 2014 5:42 pm ET

MUMBAI (Updated) — Cincinnati-based Milacron LLC plans to invest $30 million over the next three years in India. The investments will double...    More

Image

Automakers look under the hood for the next lightweighting opportunities

August 20, 2014 1:06 pm ET

The automotive industry's current favorite target for lightweighting efforts is the powertrain, according to a recent survey.    More

Image

ISO publishes international standard for measuring phthalates in toys

August 19, 2014 10:40 am ET

The Geneva-based International Organization for Standardization (ISO) has published an international standard on phthalates used as plasticizers in to...    More

Market Reports

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

Pipe, Profile & Tubing Extrusion in North America 2014

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.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

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

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

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

More Events