Go to Video Section

Major PP price hike featured

AKRON, OHIO — A big hike in North American polypropylene prices is featured in this week's Material Insights video. Also this week, we report price changes for polystyrene and PVC, as well as news that Nova Chemicals Corp. has restarted its LDPE plant in Ontario.

Published: January 21, 2013 1:31 pm ET
Updated: January 21, 2013 4:37 pm ET

AKRON, OHIO — A big hike in North American polypropylene prices is featured in this week's Material Insights video.

PP prices in the region have moved up an average of 15 cents per pound since Jan. 1, according to buyers and sellers contacted by Plastics News. Higher prices for propylene monomer feedstock — caused by tightened supplies — played a big role in the hike.

A 3-cent hike for polystyrene and a 1-cent drop for PVC in the region also are featured in this week's video. The PS hike was tied into higher prices for benzene feedstock, which have been on the rise since September. In PVC, slower demand from the winter construction season led to the 1-cent December drop.

The video wraps up with news that Nova Chemicals Corp. has restarted its LDPE plant in Mooretown, Ontario. The plant had been shut down for more than a year. Its restart is part of Nova 2020, the firm's plan to capitalize on emerging feedstock opportunities.

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