Go to Video Section

PE resin prices rise 5 cents in Jan

AKRON, OHIO — A 5-cent North American polyethylene price hike is featured in this week's Material Insights video. Also this week we report a PET resin expansion from Selenis Canada Inc., as well as news of Advanced Composites Inc. increasing the size of its polypropylene compounding expansion at its plant in Sidney, Ohio.

Published: January 28, 2013 12:03 pm ET
Updated: February 19, 2013 12:52 pm ET

AKRON, OHIO — A 5-cent North American polyethylene price hike is featured in this week's Material Insights video.

The nickel increase is the result of heavy export sales and some domestic pre-buying that hit the market in December. Several unplanned outages at plants making ethylene feedstock also impacted the PE market. North American PE makers now are working on a 4-cent increase set for Feb. 1.

A PET resin expansion from Selenis Canada Inc. also is featured in this week's video. The firm announced plans to add about 250 million pounds of annual capacity at its plant in Montreal East, Quebec. The expansion should be completed in early 2014, giving the plant annual PET capacity of just over 570 million pounds.

The video wraps up with news of Advanced Composites Inc. increasing the size of its polypropylene compounding expansion at its plant in Sidney, Ohio. A previously announced 60 million pound expansion in annual capacity now will total 90 million pounds. Officials said the increase is needed because of the strong rebound in the North American auto market. ACI is a joint venture between Mitsui Chemicals, Prime Polymer and other investors.

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

Learn more

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

Upcoming Plastics News Events

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