PE faces late-year price drop

By Frank Esposito
Senior Staff Reporter

Published: December 17, 2012 6:00 am ET

Plastics News senior reporter Frank Esposito

Related to this story

Topics Materials Suppliers
Companies & Associations

AKRON, OHIO (Dec. 17, 12:10 p.m. ET) — A late-year price drop for North American polyethylene is featured in this week’s Material Insights video.

Prices for the material in the region fell an average of 2 cents per pound in November, according to buyers contacted by Plastics News. Average selling prices for PE now are down a net of 5 cents per pound since Jan. 1.

A buying spree from plastics conglomerate Ravago Group also is featured in this week’s video. In the last couple of months, the Belgium-based firm has bought two U.S.-based PET distributors (Burcham International and Meckler & Associates) and a pair of European expanded polystyrene makers (Monotez and Eastchem).

The video wraps up with a positive outlook for U.S. plastics and chemicals from the American Chemistry Council of Washington. Almost $45 billion in new projects have been announced, including new PE capacity. ACC President Cal Dooley said that affordable natural gas has flipped the cost equation between the U.S. and the rest of the world in the last five years.

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

PE faces late-year price drop

By Frank Esposito
Senior Staff Reporter

Published: December 17, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

PolyOne launches Geon BIO PVC using soy-based materials

April 24, 2015 11:48 am ET

More than a decade of research is paying off for Battelle Memorial Institute in the form of Geon BIO PVC compounds from PolyOne Corp.    More

Image

Study suggests infants at lower risk from BPA exposure than expected

April 23, 2015 4:58 pm ET

A new study shows that newborn babies may have less risk from bisphenol A exposure than originally thought.    More

Image

Braskem and Odebrecht reconsidering West Virginia plastics project

April 23, 2015 2:54 pm ET

Brazilian firms Braskem and Odebrecht have confirmed that they are re-evaluating Project Ascent, the major plastics and petrochemicals project they...    More

Image

DuPont center in India gets LEED Certification

April 23, 2015 1:07 pm ET

DuPont Co.'s Knowledge Center in Hyderabad, India, was awarded LEED certification by the U.S. Green Building Council.    More

Image

SiVance opens new R&D lab

April 23, 2015 12:07 pm ET

Milliken & Co. unit SiVance LLC has opened a new research and development lab for silicone and silane technologies in Gainesville, Fla.    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

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

Upcoming Plastics News Events

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

September 15, 2015 - September 17, 2015Plastics Caps & Closures - September 2015

More Events