Go to Video Section

Mexichem buying PolyOne PVC resin assets

AKRON, OHIO — An asset sale and a capacity expansion from PolyOne Corp. are featured in this week's Material Insights video. Also featured this week is Dow Chemical's decision to add polyethylene resin capacity in the Gulf Coast, and two more compounding-related news stories.

Published: March 25, 2013 2:32 pm ET
Updated: April 1, 2013 3:41 pm ET

AKRON, OHIO — An asset sale and a capacity expansion from PolyOne Corp. are featured in this week's Material Insights video.

PolyOne — North America's largest compounder — has sold its PVC dispersion, blending and suspension resin assets to Mexichem for $250 million in cash. The firm also announced capacity expansions at plants in Poland and China for PVC powders used in slush molding for the auto market.

Dow Chemical's decision to add polyethylene resin capacity in the Gulf Coast also is featured in this week's video. Dow previously had announced plans to add a new unit making ethylene feedstock in Freeport, Texas. Dow now joins a growing list of firms that are adding PE capacity in North America because of newfound supplies of natural gas in shale deposits.

The video wraps up with two more compounding-related news items. A. Schulman's continued pursuit of Ferro Corp. also is featured in this week's video. Schulman has hired investment banking firm Moelis & Co. after Ferro officials rejected Schulman's $855 million purchase offer. Schulman is one of North America's largest compounders and concentrate makers, while Ferro gets about 30 percent of its sales from plastics-related businesses. In Fowlerville, Mich., Asahi Kasei Plastics will spend $5 million on a new extruder and additional upgrades. The project will increase site capacity by 10 percent, including a 30 percent capacity boost for long-glass-fiber-reinforced polypropylene.

Market Reports

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

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

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