Go to Video Section

Shell still mulling feedstock plant

AKRON, OHIO — An extension of Shell Chemical LP's decision on building a plastic feedstock plant in the Pittsburgh area is featured in this week's Material Insights video. Also this week, we report potential golden parachute payments for Spartech Corp. executives, as well as news of a bioplastics deal.

Published: February 19, 2013 1:09 pm ET
Updated: February 19, 2013 1:20 pm ET

AKRON, OHIO — An extension of Shell Chemical LP's decision on building a plastic feedstock plant in the Pittsburgh area is featured in this week's Material Insights video.

Houston-based Shell was given the six-month extension by Horsehead Corp., which owns the land in Monaca, Pa., where Shell has expressed interest in building an ethylene cracker and possibly polyethylene production assets. A Shell spokeswoman said the firm has many hurdles to clear before it can make an investment decision.

Potential golden parachute payments for Spartech Corp. executives also are featured in this week's video. Spartech CEO Victoria Holt and four other executives could receive almost $11 million in total if the payments are approved as part of Spartech's merger with PolyOne Corp. Spartech shareholders will vote on the payments and on the merger on March 12.

The video wraps up with news of a bioplastics deal. Green Dot Holdings LLC has bought the bioplastics unit of MGP Ingredients Inc. for an undisclosed price. The deal includes a bioplastics plant in Onaga, Kan. Green Dot was formed in early 2011 by former Dow Chemical Co. executive Mark Remmert and several partners.

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

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

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

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

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